Friday, August 01, 2008

Jim Cramer: The REAL American Idol

I don't watch much TV anymore but recently I have re-discovered Jim Cramer and Mad Money. If you pay any attention whatsoever to Wall Street then you probably know Cramer, and if you have been following the Credit Crunch / Housing Market Crisis then you probably have seen some of the more entertaining episodes of Mad Money - I want to point out a couple of these episodes, like this recent piece where Cramer explains that the bank stocks have hit bottom. In a flash of irreverence and brilliant candor, Cramer uses wobbly Lincoln Logs cabin props to illustrate his thrust - check it out.
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I think it's safe to say that Jim Cramer has developed into the single most significant and recognizable figure in Wall Street journalism, he is like a crazy Wall Street weatherman pointing out storm fronts and dry spells while he bangs on his sound effect machine, shakes his props, gets his Booyah! on - he is the most consistently entertaining figure at CNBC and I think I only recently was able to completely grasp Mad Money's significance - will the REALLY real American Idol please stand up, Simon Cowell take note that Cramer is able to sing like a canary in a coal mine - just watch a few episodes of Mad Money, you will get it, for instance, here is a link to Jim Cramers Historic Credit Crisis Meltdown Warning Rant , this goes back a year, and it's a doozy, a real CLASSIC, a GEM - Jim Cramer, live on CNBC, basically ranting, raving that the FED was CLUELESS about what was developing (just prior to the Bear Stearns failure) -- this, folks, is MADatory viewing.
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(If for some stupid reason the link does not work, then CNBC may have moved the content, whatever. Just Google up Jim Cramers 2007 Credit Crunch Rant or something along those lines and you WILL find this classic gem of live television perfection probably on YouTube if not Google Video. Or just check out thestreet.com for ALL of Jim Cramer, Mad Money episodes, and the rest of Cramers crew - they're the bomb)

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