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PulteGroup, Inc. Message Board

  • jeeree234 jeeree234 Jan 13, 2007 11:14 AM Flag

    Heard A Rumor

    ...that Cramer is in partnership with a high-end homebuilder. Anyone know more about this?

    If infact it's true Cramer should be severly punished. To use one's celebrity status and influence the way he has on an unsuspecting audience is criminal.

    Just like analysts promoting homebuilders stock to protect their employers portfolios, Cramer may be no different.

    Need verification,however, before really starting my rant.

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    • I heard Cramersay on CNBC a couple of days ago, while he appeared with the talking head Erin Burnett in the afternoon, that he owns part interest in a high-end homebuilding company that produces million + dollar homes. He didn�t mention the name of the company, but he�s definitely in the business. Yes he's a really dishonest man, and CNBC is also as guilty for giving Cramer a pulpit to manipulate stock prices of which no one has any idea if he�s in bed with some or many of the companies he talks up. CNBC demeans itself by having him in their programing, but they're so desperate for ratings in the evening they're willing to allow this manipulator to appear, and probably pay him a fortune for lining his own pockets. That's why they screen a disclaimer only for his show.

      It�s also interesting that at least two of the original anchors on CNBC, Ted David and Ron Insana have left the TV programing of CNBC, are now doing radio shows for CNBC, and are now titled contributors; while Mark Haines has hightailed it out of the NJ headquarters all since Cramer�s Mad Money started to appear. It could be a coincidence that several of the founding anchors are running away from the TV programing since Cramer appeared on the scene, but somehow I don�t think so. The only person who actually knows what he�s talking about and not reading a monitor is Rick Santelli, the rest of the staff know very little about what they speak. Several years ago that wasn�t true, but since Tyler Mathison became the financial editor the programing looks slicker, but the information and analysis is not nearly as good, and in fact has worsened.


    • I don't know about that, but Cramer invests personally in real estate in a big way, as he admits. That's why you should not listen to anything he says about real estate. He is as much a pumper as Bob Toll.

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