jim-cramer

Martha and Jim Fond of Euphemisms, Spin

cityfile · 08/15/08 07:38AM

Martha Stewart got together with Jim Cramer yesterday to chat about her time "abroad" (as Cramer called it) or "Yale" (as she prefers to refer to it ), and just what the media mogul learned from her stint behind bars: "I can really do without. But I don't think the homemaker should do without." Nice one, Martha! She also discussed her new line of products at Wal-Mart and mentioned a recent visit to Wal-Mart HQ, where she found herself incredibly impressed with how the retail giant treats its employees. (Maybe she can find jobs there for all those MSLO staffers who were laid off?) A clip of her appearance after the jump.

Eric Schmidt on Jim Cramer's Mad Money, the 60-second version

Nicholas Carlson · 08/14/08 10:40AM

Eric Schmidt spent 18 minutes on CNBC yesterday talking to Mad Money's Jim Cramer, but per usual, the Google CEO didn't say much. Only about 60 seconds worth, we discovered after boiling the segment down to its crucial bits. Learn that Google is bad economy-proof, YouTube doesn't make money (and doesn't need to), and that shareholders should just stay quiet in the clip above.

Not at Home: Jim Cramer

cityfile · 08/04/08 07:10AM

Answering machine at the (multilingual) New Jersey home of Jim Cramer, his wife Karen, and their two daughters.

Cramer: "Apple is too dangerous until we hear about Jobs"

Nicholas Carlson · 07/22/08 03:20PM

After giving a lower forecast for its September quarter than Wall Street expected, Apple saw its shares drop 3 percent today. TheStreet.com's Jim Cramer says not to blame the numbers, but the numbskull PR move Apple made in refusing to discuss plans for Jobs's successor. "Look," Cramer says in the clip embedded below, "I thought the forecast was great. This is all about [Apple saying] Jobs's health is a 'personal matter."

Cramer: "Cleveland Valley," not Silicon Valley, will save us

Nicholas Carlson · 06/09/08 12:00PM

At a breakfast event to conclude New York's Internet Week this morning, TheStreet.com's Jim Cramer said Valley innovation is all about creating "fancy ways to deliver music and videogames." The obstreperrific stockpicker said videogame makers Take-Two and Activision are tech's two most successful companies, other than Apple and Google — and that's fine, but it's also a sign Silicon Valley won't save us from the economic woes the markets gave a hint of last week. Instead, he predicts the Rust Belt — "Cleveland Valley," Cramer calls it — will. (Cramer joins Miss South Carolina in illustrating the need for better geography education in our schools.) The region, better known as the Cuyahoga River Valley, has had to reposition itself as the home of what Cramer calls "New Tech," building such marvels as "windmills with blades the size of 747 wings." Other highlights from Cramer's characteristically energy-charged talk and photos, below.

Jim Cramer's Salad Days

ian spiegelman · 04/25/08 03:49PM

Why is Jim Cramer, CNBC's millionaire Mad Money maniac, such a shouty little bag of nuts? "That chip on his shoulder may have been to do with a turbulent early career. He worked as a newspaper reporter in Florida and California before suffering a series of catastrophic mishaps in which his home was burgled and his bank account was emptied. In his autobiography, Cramer recounts being homeless for nine months and sleeping in a car in California with a gun for protection." [The Guardian via MediaBistro]

What is the World's Shittiest Blog?

ian spiegelman · 04/12/08 11:23AM

I'm guessing that Time's "Most Overrated Blogs" feature doesn't include Tumblrs. There's a readers' poll that goes with the article-we're on it, natch-but I like that Time has picked a few blogs out for particular ridicule. "Reading Slashdot these days is like visiting the IT guy at work. He's infuriatingly smug and cares passionately about stuff you don't care about, and views your lack of interest as further confirmation of his intellectual superiority. Enjoy." Jim Cramer's money.com rantings? "The place to go to be reassured that the financial market is fine, just fine and Bear Stearns isn't in any trouble at all. Be sure to check back later in the day to see if Jim has posted any updates."

Now That's The Pay Deal I Want

Nick Denton · 04/09/08 12:39PM

Jim Cramer just hates unfair pay packages for corporate bigwigs who get it wrong: a recent decision to overlook mortgage losses and preserve executive bonuses won the board of Washington Mutual a place on the CNBC anchor's Wall of Shame. But Cramer's own compensation bears no relation to his track record as a financial analyst.

Jim Cramer Defends His Position, Is Still Hated

Hamilton Nolan · 03/17/08 04:32PM

"Mad Money" host and bug-eyed madman Jim Cramer went on CNBC today to clarify his statements from last week about Bear Stearns, when he urged people not to move their money out of the firm. As we pointed out earlier in his defense, he was not referring to the company's stock, and his advice was actually perfectly sound. "Do you know what would happen on this show if I came out and said I want everyone to take their money out of X bank?" he ranted today. "Jim Cramer causes a run on X bank!" As it turns out, the run on the bank happened anyways. This video, originally posted on YouTube, features Cramer's defense today along with some, ahem, editorial comments against him; we have to say we still agree with him in this particular case. Although we would never take his stock tips. Click to watch the clip.

In Defense Of Jim Cramer

Hamilton Nolan · 03/17/08 09:15AM

"Bear Stearns is not in trouble!" Jim Cramer, CNBC's bug-eyed "Mad Money" host who is to finance what Carrot Top is to comedy, shouted last Tuesday. "Don't move your money from Bear! That's just being silly." The immediate reaction to seeing his advice in the wake of Bear's collapse is: what an idiot. But really, his advice was not bad! Cramer—a famously bad prognosticator—noted that Bear would, at worst, be taken over, meaning those who had money with the firm would have their investments guaranteed by a more deep-pocketed buyer. Which is exactly what happened when JPMorgan bought Bear over the weekend. Note that he was not speaking about Bear's stock price [last Tuesday: over $60. Now: toilet paper]. What have we learned? Only Wild Jim Cramer can stop the collapse of the American economy. Click to watch the crazy savant's ill-fated harangue. [via WJNO]

Jim Cramer Is A Full-Spectrum Emoter

Nick Denton · 03/12/08 10:37AM

The CNBC TV host is best known for his sweating bullishness on certain stocks and his on-screen anger whenever the Fed lowers rates too tentatively for his liking. This morning, speaking with Today's Meredith Vieira, the stockmarket pundit showed his command of the full range of live television emotions. Cramer is an old law-school friend of Eliot Spitzer, the scandal-ridden Governor of New York, and the embattled politician's wife, Silda. "I love him, and I love Silda," said Cramer. "He will still always be my friend... I obviously didn't know him as well as I thought." Anodyne stuff; but watch the clip. The CNBC yeller nearly breaks down.

TheStreet.com's having trouble negotiating with Jim Cramer?

Nicholas Carlson · 02/22/08 05:40PM

As Silicon Alley Insider points out, both parties have much to lose. Cramer still owns 14 percent of the company, a stake worth around $42 million. CNBC, where Cramer yells a lot on air, has less of a Web audience than TheStreet.com. And try this pop quiz: Name someone who writes for TheStreet.com besides Cramer.

Jim Cramer, Untouchable

Hamilton Nolan · 02/15/08 03:37PM

Financial news network CNBC is in a tiff with the financial magazine Barron's, according to a ponderous but awesome story by the Columbia Journalism Review's Dean Starkman. Barron's decided to investigate CNBC meal ticket Jim Cramer, host of "Mad Money," and the network got pissed. The Barron's story began as a look into whether Cramer's stock picks might be leaking before broadcast somehow, which scared CNBC so much that it scurried around spending money on lawyers and sweating until that line of investigation was dropped. The final version of the piece didn't mention that, but it did say that Cramer's stock picks don't generally beat the overall market—not a stunning conclusion to financial types, but poison to Cramer's viewing audience, who watch him with hopes of getting rich. Now the TV network is so mad that it has mostly stopped inviting Barron's reporters onto shows. Starkman comes to the conclusion that both sides made some mistakes, but CNBC is almost totally wrong, while the Barron's story is mostly correct. So why the snippy move to ban the (innocent) reporters from the air? That's the most shine anybody at Barron's can hope for in their day-to-day life. End the embargo! [CJR] Remember: if you upset Jim Cramer, he goes PSYCHO like THIS:

One thing Microsoft could do is "fire everyone"

Nicholas Carlson · 02/05/08 12:00PM

Why are Yahoo executives looking for an alternative to Microsoft? Ask Jim Cramer: "The outside of Yahoo is very good. The inside? They haven't been able to figure out how to monetize these pageviews. So basically, [Microsoft] can take their pageviews [and] fire everyone. Maybe there's some sales people you keep."

Jim Cramer

cityfile · 02/03/08 09:35PM

Love him or hate him, Jim Cramer is America's most famous stock market pundit. The former hedge fund manager is the host of CNBC's Mad Money, an author and chairman of TheStreet.com Inc.

Mad Cramer

Nick Denton · 01/18/08 01:26PM

By all means watch James Cramer for the shouting, sweating show that he puts on. But don't actually take seriously any of the Mad Money showman's investment tips. In an on-air bet with a commodities bull, for $50,000, The CNBC host confidently predicted financial stocks would outperform other sectors in 2007. Oops. [New York Post]

CNBC's resident lunatic, Jim Cramer, makes predictions for '08

Jordan Golson · 01/04/08 03:59PM

CNBC's Jim Cramer, host of Mad Money, dropped his predictions for 2008 in New York magazine this week. Along with some safe bets like "oil goes up" and "Goldman Sachs makes a lot of money," Cramer throws out some unlikely but not off-the-wall predictions about Verizon and Apple. But then when he gets to Google, he goes off the deep end.

Mad man predicts Bloomberg to buy New York Times

Nick Denton · 01/03/08 03:14PM

Buried in his column in New York Magazine (see item #9), Jim Cramer passes on some gossip that's been going round town: that Michael Bloomberg's financial information company, which rents out terminals to Wall Street traders, is the logical acquirer of the Sulzberger family's vulnerable newspaper. The name of the TV pundit's show, Mad Money, doesn't exactly inspire confidence; nor do the bizarre money manager's notoriously erratic stock picks. But he is well-connected. And it's not the craziest notion: New York's mayor says he's not running for president; ownership of the Times would preserve his influence once his term is up.

abalk · 10/01/07 01:40PM

Fox Business Network "could end up looking a lot like CNBC, at least during the trading day." Roger Ailes "tried to entice superstar Jim Cramer... Ailes will probably approach the network's other brand name, Maria Bartiromo, whom he first put on air in 1993, when her contract expires in two years... And he may be interested in hiring Liz Claman, the former CNBC anchor, after her noncompete agreement ends in mid-October." Also: Rupert Murdoch might be considering a cash settlement to end the exclusive arrangement between CNBC and the Wall Street Journal. UPDATE: Well, that may not be true about Jim Cramer. Apparently no one wants him, no matter what he puts out there! [BW]