SubPrime? So what?

Monday, December 10, 2007 | 05:00 AM

I have long respected and enjoyed Jim Cramer, but jeez, could he have possibly been any more wrong than this?  Its one thing to be wrong about the future, but how about getting the present correct?

So Subprime Blows Up; So What, Says Cramer (Jim gives you the scoop on why the $500 billion market is no threat to the market, even if it fully collapses. Added: July 16, 2007)

Geez, that makes 6,800 look good.

via ZackAttack (here)

Monday, December 10, 2007 | 05:00 AM | Permalink | Comments (31) | TrackBack (0)
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Barry,

The funny thing is 3 weeks later Cramer acted as if the whole world was coming to an end. Check this out.

http://www.youtube.com/watch?v=SWksEJQEYVU

In Cramer's mind the subprime mess wasn't a thing to worry about at all until the stock market declined a few % points.

Cramer is a clown.

Posted by: spongetoddsquarepants | Dec 10, 2007 5:20:28 AM

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