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Jim Cramer's Rant on Tim Geithner
November 21, 2008 3:38 PM
Reporting today that the Secretary of Treasury for Barack Obama's administration will be New York Fed chief Tim Geithner. He's highly regarded...but not by everyone. CNBC's Jim Cramer blamed Geithner for the decision to allow Lehman Brothers to fail, which Cramer saw as a disastorous choice at a critical moment. 2 weeks ago, on his show Mad Money, Cramer said Geithner should be hauled in front of Congress for an investigation, not confirmation hearings. Watch.
November 21, 2008 in Economy, President 44 | Permalink | Share | User Comments (4)
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Cramer should worry about his horrible stock advice not Geithner..
Posted by: John Brown | Nov 21, 2008 4:17:06 PM
Now let me get Mr Cramer straight Wall Street is up but he thinks this mess all started because of no one bailing out Lehman Brothers? I guess Wall Street likes this gentleman, but Mr Cramer does not...OK I guess he can have his rant what will he do when the auto makers crash and burn...he needs to take a pill.
Posted by: Bonnie Kimberly | Nov 21, 2008 4:24:04 PM
Cramer gives great advice but the market is emotional not rational...what wall street likes is not necessarily right or smart. In case no one is paying attention the market is down nearly 50% over the last year and does anyone really believe todays uptick is sustainable or the start of a bull market???? Better listen to Cramer...
sell,sell, sell......Bullyaaa!
Posted by: Marvin Baker | Nov 21, 2008 6:04:02 PM
Why ranting did Mr Show Biz hit the oogah horn, ding a ling cow bell or a boom-bah, glass smashing button on his whoopie-de-dooh control panel?
Posted by: William | Nov 22, 2008 3:20:51 PM
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