mohit | Shared With: Everyone - Mar 18 2008 | bear stearns, jim cramer, investing, financials, video
Jim Cramer from last Tuesday...
Quoted: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”
Bear Stearns since then: http://tinyurl.com/33f57e
Yikes! Well, he got the takeover piece right, if you want to call it a takeover.
- mohit | Shared With: Everyone - Apr 02 2008 | jim cramer, bear stearns, cnbc
This seems to indicate that Cramer was talking about Bear Stearns, the COMPANY and not simply your brokerage account.
Quoted: On the very same day, March 11, Cramer also recorded a different video (not embeddable, so just follow that link) on TheStreet.com in which he explains in detail how Bear the company is "totally solvent; there's not an issue; Bear is not in trouble, I want to make that point vociferously".
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