Cramer on Banks & Books: Fiction, Fiction, Fiction

By Paul Kedrosky · January 17, 2008 · ·

This morning on CNBC my friend Jim Cramer had a truly impassioned harangue of the banks, SEC, and mortgage insurers. Definitely a must-watch.

cramer

Along the way, Cramer makes — in his inimitable way — a book pick. You have to love anyone who can be going off on the mono-line mortgage insurers, and then do a mid-sentence pivot to recommend John O’Hara’s  classic Appointment in Samarra novel from 1934. One of a kind.

Related posts:

  1. Cramer: GM Goes Bankrupt; Murdoch Buys the WSJ
  2. Cramer, Cartoons, and Cats
  3. Cramer Tips Google as Facebook Buyer
  4. Jim Cramer was Right
  5. Welcome to Cramer Land

Comments

  1. Spectator says:
    January 17, 2008 at 5:52 pm

    Indeed, one of a kind of shameless shill. He urges people to buy the bottom on financials one day, and tears into them the next. Easier than to just admit he was completely wrong, I guess.

  2. Mayo says:
    January 18, 2008 at 12:50 am

    Shameless shill…
    Perhaps, but sometimes it takes a court jester to tell the truth!

  3. Mayo says:
    January 18, 2008 at 12:53 am

    Shameless shill…
    Perhaps, but sometimes it takes a court jester to tell the truth!

  4. Rich Gere says:
    January 19, 2008 at 5:16 pm

    New York Post: “Should stock jockey Jim Cramer be locked up for aiding and abetting the subprime market meltdown?…”
    http://www.nypost.com/seven/01182008/business/mad_jim_cramer_loses_golden_50k_bet_44498.htm

  5. Rich Gere says:
    January 19, 2008 at 5:17 pm

    Oops, the url got cut-off to the Cramer NY Post article . Here is it again, http://shrinkster.com/u06