Tuesday, March 20, 2007
CNBC's Jim Cramer - Oops!
Nice guy!
That's people's retirement money he's messing with...
That's people's retirement money he's messing with...
In the New York Post, Roddy Boyd figures Cramer said too much:
"In the video from TheStreet.com's 'Wall Street Confidential' Webcast, Cramer boasts about manipulating the price of a high-flying stock down, and even acknowledges that doing so might have been illegal. The video is making the rounds on YouTube.
'A lot of times when I was short, I would create a level of activity beforehand that would drive the futures. . . . It's a fun game,' Cramer said in the Webcast, which was moderated by TheStreet.com Executive Editor Aaron Task."