Legal Commentary

Jim Cramer Loves The Big Sh*tpile; He Loved Countrywide Too

By Big Tent Democrat

CNBC's Jim Cramer was on Tweety's show telling us how great a deal the Wall Street Bailout is. He went as far to say as he hopes he can get in on the action. I have two reactions. The first is why doesn't Cramer raise money and buy some of the Sh*tpile if he loves it so much? Why don't other Wall Street types buy some of the Sht*tpile?

My second reaction is to remind you of Cramer's "prescience" on the value of the Big Sh*tpile, via Atrios:

Jim Cramer told you to buy at $44. Countrywide will cease to exist... at $7.16.

Jim Cramer is the last person to listen to on the housing crisis and this Wall Street Bailout.

By Big Tent Democrat, speaking for me only

Full post as published by TalkLeft on September 23, 2008 (boomark / email).