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In reply to the discussion: Jim Cramer (Mad Money) on Morning Joe just now saying upcoming jobs report... [View all]Gabi Hayes
(28,795 posts)33. seen this? I've linked it before....notice the google keywords:
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 funds 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 Patricks 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, Whats really going on is theres a conspiracy. Theres another conspiracy, there is a conspiracy-the real conspiracy, if there is a conspiracy, is a conspiracy its aaaall tied to the same thing, this whoooole concept of trying to make sure, make it so this guy [Herb] cant 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 worldviewa fully arresting specimen of unsated mammalian appetitiona 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 Cramers 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.
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 funds 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 Patricks 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, Whats really going on is theres a conspiracy. Theres another conspiracy, there is a conspiracy-the real conspiracy, if there is a conspiracy, is a conspiracy its aaaall tied to the same thing, this whoooole concept of trying to make sure, make it so this guy [Herb] cant 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 worldviewa fully arresting specimen of unsated mammalian appetitiona 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 Cramers 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.
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Jim Cramer (Mad Money) on Morning Joe just now saying upcoming jobs report... [View all]
PearliePoo2
Oct 2012
OP
The video of Cramer's opinion needs to be thrown back in his face right now.
PearliePoo2
Oct 2012
#12
Because I watched him say it live on The Morning Joe show when he was asked about it.
PearliePoo2
Oct 2012
#16
YES! I remember seeing this...Stewart absolutely went BALLISTIC on him
Earth Bound Misfit
Oct 2012
#21
Who even pays attention to Cramer anyway. If one were to follow his advice, one wouldn't have a pot
Erose999
Oct 2012
#20
lol -- shows what Jim Cramer knows -- although it might not be a good number from his perspective
fishwax
Oct 2012
#27
I'm not gonna start singing happy Days are Here Again" but 144,000 and UE dropping to 7.8
notadmblnd
Oct 2012
#30
"I'm grounded and spend all day listening to my dad yell at Mad Money with Jim Cramer."
mikeytherat
Oct 2012
#34