From the article:
“Mr. Cramer spends most of the interview describing a practice called “fomenting,” where a hedge fund manager essentially creates a false impression about a company in order to drive its stock one way or another"
"Mr. Cramer sums up his philosophy this way: "What’s important when you are in that hedge fund mode is to not do anything remotely truthful, because the truth is so against your view, that it’s important to create a new truth, to develop a fiction."
I've been thinking that the claims against Cramer made on this board were greatly exaggerated, but no more! This guy is a sleazeball, and arrogant enough to actually throw his manipulations in everyone's face and dare anybody to do anything about it.