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January 30, 2007
Blodget vs. Blodget
Quote of the day on unindicted equity analyst Henry Blodget's book- and self-promoting nattering about Jim "Mad Money" Cramer's stock-picking goes to Dealbook:The excoriation by the former Merrill Lynch research analyst, who was sued by regulators and private investors for hyping research to bolster the fortunes of the firm’s banking clients, and ultimately barred from the securities industry, is not without some irony.[obDisclosure] I write weekly for the Cramer-founded TheStreet, and I appear regularly on CNBC, where Mad Money appears. Cramer has never offered to fly me on his private plane to speak to execs in Japan though.]
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Ouch. He's got you there, Paul :-)
That said, however, I thought the comment from Dealbook was pretty hilarious. The line between Cramer and Blodget is thin indeed.
The difference is I think that Cramer actually believes his diatribes. From the emails it was clear Blodget didn't buy his own shit.
Agreed, but not sure disbelief in his own carnie patter made him better.









Why not just let it go? Forgive the guy.
His stuff is good. He understands Google and Yahoo better than most.
Besides, isn't criticizing "self-promoting" just a wee bit hypocritical for a blog with this search result:
Results 1 - 42 of about 54 from kedrosky.com for "Me on CNBC".