Huffington Post has a great video up today with an interview in 2006 with CNBC host Jim Cramer. Cramer has been the focus - justly so -of Stewart's barbs recently. I say "justly" in light of the interview. It's shocking to actually hear and see someone defend these extreme, egregious actions on the part of market players:
Money quote: "What's important when you are in that hedge fund mode is to not be doing anything that is remotely truthful, because the truth is so against your view - it is important to create a new truth to develop a fiction."
Fiction. I'm speechless.
Wednesday, March 11, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment