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Gabi Hayes

(28,795 posts)
33. seen this? I've linked it before....notice the google keywords:
Fri Oct 5, 2012, 04:31 PM
Oct 2012
http://webcache.googleusercontent.com/search?q=cache:-GL5fqHTXz0J:www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/+cramer+jail+insider+trading&cd=9&hl=en&ct=clnk&gl=us

from

The Story of Deep Capture

By Mark Mitchell, with reporting by the Deep Capture Team

Introduction - by Mark Mitchell

I began working on a version of this story in January 2006, while serving as an editor for the Columbia Journalism Review, a publication tasked with upholding the standards of the American media. In November 2006, a hedge fund that was at the center of the scandal I was investigating offered the Columbia Journalism Review a great deal of money. Shortly before CJR accepted the money, I left my job, so I do not know if my editors, whom I believe to be honest people, would have allowed me to persevere. But I have no doubt that the hedge fund’s “beneficence” was aimed at preventing the publication of stories like this one.

...........................................

......February 27, 2006… Herb Greenberg is leaning forward on his stool. His arms are flapping and his eyes are popping. His face has gone hot-purple, stark against the red-blue television glow. It is six months since Patrick’s now-legendary “Miscreants’ Ball” presentation, and, Herb, the famous journalist, is live on CNBC. He is pretty sure there is a conspiracy. It is a conspiracy to get Herb. Yes, “What’s really going on is there’s a conspiracy. There’s another conspiracy, there is a conspiracy-the real conspiracy, if there is a conspiracy, is a conspiracy…it’s aaaall tied to the same thing, this whoooole concept of trying to make sure, make it so this guy [Herb] can’t do his job anymore.”

Sitting next to Herb, nodding in agreement, is Jim Cramer, host of “Mad Money.” This program is all that keeps CNBC out of the ratings quicksand, and it is easy to understand its appeal. Cramer is manifestly chimpanzee-like in both comportment and worldview–a fully arresting specimen of unsated mammalian appetition–a self-styled “journalist” who grunts and growls and snorts and says funny things like “Booyah!” while jumping up and down, smashing chairs, and telling people how to make shitloads of money gambling on the markets. Good TV!

It is impossible to overstate the effect that these characters have had on our public discourse. It is not just that they have propagated a style of “journalism” that sees short-term stock flipping (rather than long-term investment) as the holiest of all business endeavors. It is that close associates of Herb and Cramer have seized control of a vast swath of the American financial media. Indeed, if you have seen a negative story about a public company in recent years, the odds are greater than even that it was written by a friend-of-Cramer.

Many of Cramer’s friends are former employees of TheStreet.com, a financial news website substantially owned by Cramer. They have included the editor and top columnists for The Wall Street Journal “Money & Investing” section, top business writers for The New York Times, reporters at Fortune magazine and BusinessWeek, the editor of The New York Post business page, the editor of MSN Money, and others. Herb, a CNBC commentator and a star columnist for MarketWatch.com, was among the founding editors of TheStreet.com – “Murderers Row,” they called themselves.

I have analyzed well over a thousand stories written by this clique of journalists. The vast majority of them were sourced from a small group of short-sellers who are also friends of Cramer. Other popular sources for this group of journalists include convicted felons, mobsters, dubious private investigators, crooked lawyers, hired stock bashers, and gun-toting goons – most of whom are tied to the Cramer constellation of short-sellers.

Recommendations

0 members have recommended this reply (displayed in chronological order):

how does he know the report doesn't come out until 8:30AM bigdarryl Oct 2012 #1
Good question. PearliePoo2 Oct 2012 #2
Other agencies than government estimate those numbers HereSince1628 Oct 2012 #3
but other estimates have it in the 100,000 plus range. JuveDem Oct 2012 #4
You can make a lot of $ by betting against Cramer PowerToThePeople Oct 2012 #5
BS if it was a republican it would be a good number Rustycup Oct 2012 #6
Jim Cramer sez... Oh NOES!!! Earth Bound Misfit Oct 2012 #7
LOL Cosmocat Oct 2012 #18
This message was self-deleted by its author scheming daemons Oct 2012 #8
I said in post 2 I was hoping he was wrong and apparently he was. PearliePoo2 Oct 2012 #11
And he once again shows how relevant he is. Jennicut Oct 2012 #9
He meant 'not a good number for Mitt' n/t reflection Oct 2012 #10
The video of Cramer's opinion needs to be thrown back in his face right now. PearliePoo2 Oct 2012 #12
why would anyone listen to this schmuck? rurallib Oct 2012 #13
This is the same fucking schmuck that dissed Bon Jovi for playing after 9/11 davidpdx Oct 2012 #14
Why the fuck did you even post this before the numbers came out??? Logical Oct 2012 #15
Because I watched him say it live on The Morning Joe show when he was asked about it. PearliePoo2 Oct 2012 #16
Post removed Post removed Oct 2012 #17
Good ole' Jim Cramer Oilwellian Oct 2012 #19
YES! I remember seeing this...Stewart absolutely went BALLISTIC on him Earth Bound Misfit Oct 2012 #21
"It amazes me this man is not in prison" = +100. despicable person. HiPointDem Oct 2012 #31
seen this? I've linked it before....notice the google keywords: Gabi Hayes Oct 2012 #33
Who even pays attention to Cramer anyway. If one were to follow his advice, one wouldn't have a pot Erose999 Oct 2012 #20
Very few economic figures have so consistently highlighted "the recovery" bhikkhu Oct 2012 #22
Holy smokes...I really had no idea what a schmuck Cramer is! PearliePoo2 Oct 2012 #23
Looks like Jim Cramer was wrong----AGAIN. Lex Oct 2012 #24
The larger question is... Oilwellian Oct 2012 #25
+1. HiPointDem Oct 2012 #32
Which goes to show what Jim knows. polichick Oct 2012 #26
lol -- shows what Jim Cramer knows -- although it might not be a good number from his perspective fishwax Oct 2012 #27
pathetic, a so-called lib who is happy to lie for the RW which owns him. librechik Oct 2012 #28
Bear Fucking Stearns!!! BWAH-HA-HA-HA-HA-HA-HA!!!! bullwinkle428 Oct 2012 #29
I'm not gonna start singing happy Days are Here Again" but 144,000 and UE dropping to 7.8 notadmblnd Oct 2012 #30
it's a terrible report if your name is Mittens magical thyme Oct 2012 #35
"I'm grounded and spend all day listening to my dad yell at Mad Money with Jim Cramer." mikeytherat Oct 2012 #34
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