So Cramer has this correspondence on March 11th:
“Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? --Peter
Cramer says: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”
Negocios Loucos: Dear Peter, did you also invest in Google when at 725 Cramer said it would go to 900? Did you not notice that Google is now around 440? If you listened to this douche bag then you so deserve to have lost 98% of your investment.
Cheers to you jackass.
3.18.2008
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