This video of Jim Cramer going ballistic about the Bear Sterns issue in the market last week is hilarious. This guy knows his stuff, and if you’ve ever seen his show you know how passionate he is. On this segment he goes absolutely off the handle and it’s awesome.
Best quote: “You can’t even get a loan if you’re rich like ME.” That’s aggressive.
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4 Responses to “Watch Cramer Lose His Grip”
I second that feeling. For the last year I beem mainly in the mortgage lead selling biz and things just keep getting worst and worst by the day. Heck, I think the fed should do a full 2 point cut to bail out the US, not just the mortgage market becouse where the housing market goes, the US economy goes as well.
I love this clip. I happened to be watching CNBC when it happened. I do think he is right, Bernanke is letting things get pretty nasty in the market, more so than Greenpan ever liked it. But then again Bernanke is an inflation hawk kind of guy, he doesn’t worry much about the stock market.
I second that feeling. For the last year I beem mainly in the mortgage lead selling biz and things just keep getting worst and worst by the day.
You know i think he is right. Bernanke is letting things get pretty nasty in the market.