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New Bragging about market manipulation may not be all that smart
"A lot of times when I was short, I would create a level of activity beforehand that would drive the futures. . . . It's a fun game,"


And then saying the regulators are to dumb to catch on to what you are doing? Yeah, that'll go over well.
He added that the strategy - while illegal - was safe enough because, "the Securities and Exchange Commission never understands this."


From [shudder] the [link|http://www.nypost.com/seven/03202007/business/cramer_reveals_a_bit_too_much_business_roddy_boyd.htm|NYPost]

Should we start a pool as to when the indictment comes down?
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Draft Clark [link|http://draftwesleyclark.com/|now].
New Not to worry.
New York Attorney General (now governor) Eliot Spitzer and Jim Cramer are buddies from Harvard. Besides, Cramer is no longer personally in "the Market", and now only runs a $3M or so charitable trust (all gains go to charity).

Hubris is his middle name! :)
Alex

When fascism comes to America, it'll be wrapped in a flag and carrying a cross. -- Sinclair Lewis
     Bragging about market manipulation may not be all that smart - (Silverlock) - (1)
         Not to worry. - (a6l6e6x)

Where is Mac Daddy Warlock Pimp Ken(tm)?
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