You Tube: Jim Cramer of MAD MONEY on media hacks, market meltdown, land inventory being worked off fast!
By Greg Rielly, Residential Loan Officer, DFI License #MLO-76580
(New American Funding License #CL-6606)
So Subprime Blows Up; So What, Says Cramer Speaking about the media, Jim Cramer of MAD MONEY says, "What kind of story is it to say that you (media) know that of the 200 private equity deals only one has failed. What kind of story is that? ... Focus on the one that has failed... It's really important for the journalists to look like they are in the room with the big boys ... I know the lack of importance it (subprime) has versus treasuries ... If I was a journalist without any of the experience I had I don't think I would write about anything other than this." Click on link: http://www.youtube.com/watch?v=BVl9SQ-KVmE&NR=1MARKET MELTDOWN ... Cramer goes off! "This is abount Bernanke ... Bernanke is being an academic ... He has no idea what it is like out there! They're nuts ... they kn...