Jim Cramer: "How I Manipulated The Stock Market, Illegally"

[Oilwellian]

Run time: 06:38 https://www.youtube.com/watch?v=Tyc53SQOSWE   Posted on YouTube: February 24, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: February 24, 2009 By DU Member: Oilwellian Views on DU: 1076

 
Jim Cramer openly discusses how "fomenting" is quite lucrative
and lots of fun. There's only one catch, it's highly illegal.
In his own words, "there was just so much money to be made,
frankly you stopped caring about your client."

[2feeedle2]

1. So much for letting the markets just play out....

[mistertrickster]

2. This should be exhibit A in an SEC investigation of Cramer and everyone like him. k&r'd nt

[Oilwellian]

3. Thanks

I'm creating a shorter version...there might be too much babble to hold the viewers interest so am cutting it down to 3:30 mins. I'll add the link to it when I get it up on YouTube. I was absolutely stunned when I found these clips. How can anyone trust what this man has to say?

[BeliQueen]

4. I like the shorter idea

But I enjoyed this one at this length.

What you might want to do is add in more caption screens that can explain some of the concepts they're referring to.

I got the general gist, and I think more explanation would give me a clearer picture of what is/was going on.

Thanks for posting this.

[Oilwellian]

5. Hi Beli, that's a good suggestion

I added more captions in the shorter version and it's looking much better. I'm kicking myself for jumping the gun on this one.
Lesson learned. (Will be posting the short one tomorrow.):hi:

[Divine Discontent]

6. exactly - he fricking admitted manipulating the market - my goodness... there is no govt control on

the market...

[Mind_your_head]

7. sounds like a "confession' to me....but he's also illuminating 'holes'

in the system. This information/direction to "look at" is probaby more important.

[mistertrickster]

8. Kicking this again. This should be on the greatest page. Excellent original research

putting all this together.

[Wetzelbill]

9. Great video

I wish I could rec it, it's too late.

[Oilwellian]

11. Thanks...I'm doing the finishing touches on a condensed version

I'm bringing in some professionals who are helping me hone it down and make it more understandable.
This particular video is good raw material but wasn't used in a way for the average guy to understand.
I'll hopefully be posting the new one tomorrow. It's soooooooo much better. :hi:

[RollWithIt]

10. My best friend is a high level investment specialist, now with BoA

He calls Cramer the best liar on television today.

[Oilwellian]

12. It amazes me there are still chumps out there that take him seriously

He's the most neurotic public figure on the airwaves today. Giving him a megaphone
to manipulate stocks is criminal complicity.

[tomm2thumbs]

13. Human Garbage

nuff said

[Enrique]

14. "it's blatantly illegal, but when your company is in doubt..."

it's important to do it. He actually says that. He also says it's illegal but you do it anyway because the SEC doesn't understand it.

The incredible thing is that he feels comfortable enough to talk about it on TV. I'd say there's a problem with law enforcement here.