Overstock CEO Calls Jim Cramer a “Criminal.”
Patrick Byrne Will Be On The Daily Show Tonight 11PM
Dear Honored Client,
We take seriously our duty to save you money. We know the current financial crisis is of concern to many of you. If so, you may find this interesting. Otherwise, please just enjoy your shopping.
In recent weeks, "The Daily Show"'s Jon Stewart has exposed TV personality Jim Cramer as a liar (see these recent clips, 1 2 3). But I think he's worse: I think he's a criminal.
If that sounds hard to believe, please see this video (which Jim did not expect to reach the public) of Jim Cramer bragging about using the press to manipulate the stock market illegally. For a full analysis of the career of Jim Cramer, please read my essay: "Jim Cramer is a Complicated Man."
Warren Buffet says that, "If you ever sit down at a poker table and in 15 minutes haven't figured out who the pigeon is, you're the pigeon." Similarly, if you are getting any advice from Jim Cramer or CNBC, you are the pigeon. CNBC is a 24/7 hedge fund infomercial designed to trick you into making bad investments for the benefit of hedge funds. Again, watch the tape of Jim. Then read the critique. Then turn off CNBC.
Or else, just ignore this message and enjoy your shopping.
Patrick M. Byrne, PhD
Overstock was plundered and mismanaged; Cramer exposed the CEO; now its revenge. Nice time to pile on Cramer since he had to gall to criticize the supreme leader. Now the leftist goon squad puts the hit on Cramer. So Jon Stewart just happens to find religion and the courage to attack Cramer after the left bloggers scream for his blood. Why didn't Stewart skewer him a month ago - a year ago - all his alleged misdeeds were just as well done then... Mad Money .... ooooooooooo so evil a name....... Stewart - go f* yourself you hypocritical rich smart-ass. When did you ever pass on a cheap shot to make a buck!
And why would you believe a CEO of a large corporation? They lie too you know. Did it occur to you he may have his own reasons to lie? Perhaps he has a lawsuit on his hands now for slander if he cannot prove his public assertions about manipulation.
Cramer is no criminal, he is just a washed up funds manager that can no longer make a living at his chosen profession. Happens to a lot of people in their latter 50's. The sharp edge is missing so you have to adjust.. So Cramer made use of his ability to entertain and Bull$hit people. If he acutally was any good, he would stay home and trade for 1/2 hour a day and get rich without schlepping to work! Think about it!
Nope. It crosses political boundaries. It seems no one cared what CNBC or Cramer said until they had the gall to criticise the current administration. Television is filled with lemmings for this crowd. Cross them and get the media whammo.
Cramer, CNBC and Rick Santelli are correct about as often as I am. And, I am correct almost as often as Phoenix!
Watch out for the CNBC plants!! They are out to make you look stupid and take all of your money!
Obama is the guy. He is a spellbinder. He has some of us fooled.
"... now pray tell does Stewart not skewer Barney Frank, the chair of said committee who said last summer that everything in banking was hunkey dory.... WHY? Because he is on the `right side'"
I bet you think that no one in the Federal government with an R behind their name (or the Republicans on Wall Street) have anything to do with this mess.