Cramer For SEC Chairman

Discussion in 'Stock Market' started by DanK, Dec 3, 2008.

  1. DanK
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    DanK Administrator Staff Member

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    This is pretty interesting:

    Video - CNBC.com

    I actually do believe him, I think he would level the playing field and put some crooks behind bars.
     
  2. DavidS
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    DavidS Anti-Tea Party Member

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    Does GE know that now two of their on-air talents are using their TV shows to launch political campaigns?
     
  3. Gord
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    Gord Active Member

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    The Hill congressional grillings sure would be a lot more interesting... [​IMG]
     
  4. Paulie
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    Paulie Platinum Member

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    Yeah, let's make a guy who used his hedge fund deceptively and illegally, in the face of SEC investigation, the SEC chairman. That makes a ton of sense. :rolleyes:
     
  5. Andi G
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    Andi G BANNED

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    I like Cramer. He's a little nutty though, not sure I'd want he and his tempermament in that position. He can be a hothead.
     
  6. DanK
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    DanK Administrator Staff Member

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    He has mentioned over and over that he has always done things right and buy the book. It seems like someone would really call him out on it in the media if that wasn't the case.


     
  7. jillian
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    jillian Princess Supporting Member

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    I think he just shouldn't be chairman because he cost people a fortune telling them to hold on to Lehman Brothers. Does bad judgment disqualify him?
     
  8. Paulie
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    Paulie Platinum Member

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    You mean Bear Stearns. And it goes way beyond bad judgment. Anyone with sanity knew that stock was about to tank.

    And Dank, I don't base my beliefs on what is true or not, on what the media chooses to report. That would be ridiculous.
     
  9. editec
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    editec Mr. Forgot-it-All

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    Can't help but like the guy.

    Don't know enough about the mechanics of the market to know if he's right.

    But what I intuit is that the market is NOT on the up and up.

    So when Kramer calls for additional regulation in reporting, and when he calls for some serious slammer time for those who have been manipulating stocks through insider trading, well my instinct is to believe he's right.

    Now just in case I didn't qaulify that enough..let me say it again.

    I am basing my opinion about the market on nothing more than my instincts.

    My instincts tell me the game is being rigged, and individual stocks are being manipulated and the vast majority of people in the market are being fleeced by insiders.

    Historically speaking that is how the market ALWAYS worked, and nothing informs me that human nature has changed a wit.
     
  10. Paulie
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    Paulie Platinum Member

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    Even though he's alleged to have personally done JUST THAT.
     

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