This video would be really funny if he wasn't talking about such a serious issue. Jim Cramer from CNBC's Mad Money lost his cool on Friday afternoon after watching the continued implosion of Bear Stearns and the continued tightening of the credit markets. To watch the video click below:
CLICK HERE TO WATCH THE AFTER VIDEO
UPDATE: Thank you to a reader for pointing this out. Just two weeks ago, Jim Cramer mocked the subprime crisis as being insignificant. I guess it took two weeks to really settle in. The difference in demeanor is absolutely hysterical. If you haven't watched the first video, watch this one first:
CLICK HERE TO WATCH THE BEFORE VIDEO
UPDATE 2: The following video was published today. It mocks Jim Cramer's Pollyanna statements on housing stocks that he made back in November 2006. It's great in the context of the two videos above:
CLICK HERE TO WATCH THE VIDEO MOCKING CRAMER
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4 comments:
Thanks for posting this. One of my buddies told me about the Cramer meltdown and I was pissed that I missed.
It looks like Cramer is losing his shirt on the Bear Stearns collapse. I've never see him that stressed.
What interesting is Cramer does have a huge effect on the market. I wonder how his meltdown will affect the market on Monday after people get forwarded this YouTube video over and over again.
Hmmmmn, maybe the meltdown was simply a ruse. Perhaps Cramer shorted Bear Stearns and some other financial institution, planned the meltdown, and will collect on the shorts on Monday night.
LOL! I think panic is starting to set in.
His rant reminds of Mortimer Duke's tirade at the end of the movie, Trading Places.
Cramer doesn't disclose in November that he is heavily invested in the builder stocks, and the recent meltdown rant comes after he has sold off all his RE related investments. Cramer is a jerk.
Bear Stearns filed their co-President and co-COO today.
I bet Cramer is wearing a diaper today so he doesn't soil himself like he did on Friday.
The third video is great. The graphs of homebuilder stocks are great.
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