> Bill wrote: > that guys defense though it seemed that bear sterns collapsed so fast that i > don't think many people saw it coming and the few who did were blown off.
But that's the problem: Cramer is supposed to be not only an investing expert, but a Wall Street insider, AND an investment banking insider (former Goldman guy). His working theory was that i-bank people are smart and thus there was no way they could go down rather than based on any type of analysis. In other words, he doesn't know crap and CNBC hired a guy who doesn't know crap to give out advice. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:291350 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
