VIDEO: Jim Cramer on the Rigged Market

August 23, 2008

Jim Cramer on the Rigged Market

Jim has it right and tells it well in this discussion centered around Fannie (FNM) and Freddie (FRE)

(Hat Tip - John C. Dvorak)

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Written by Andrew Horowitz · Filed Under Economy, Markets

Comments

871Comments2008-08-23+13%3A52%3A00Andrew+Horowitz to “VIDEO: Jim Cramer on the Rigged Market”

Richard Zinn on August 24th, 2008 12:06 pm

Cramer has it right on the mark. A couple of months ago I did exactly what he said, “Get out and stay out”. The stock market has become the “big casino” with terrible odds. Who needs it?
Andrew Horowitz on August 24th, 2008 12:51 pm

You got it Richard…

A
joe on December 20th, 2008 1:21 pm

I blasted Cramer for some of hist foolish stock picks and pumping of the market and stocks. But lately, he’s changed his tune. He seems to be really speaking his mind on issues like this - and surprisingly is making sense, and is trying to help the little guy sincerely. He definitely gets it right. I love stocks and trading and the market as a whole. But the b.s. is not making it worthwhile. All the ways the market makers scam you, the naked short selling, the countless ways the individual investor gets scammed, make the market not worthwhile.

Thus I have switched to spot forex. Forex is not perfect either, and yes unregulated, but you don’t have half of the b.s. tricks to deal with.

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