Jim Cramer
Jim Cramer
James Joseph Cramer is an American television personality, author, entertainer and former hedge fund manager. He is the host of Mad Money on CNBC and an anchor on Squawk on the Street. After graduating from Harvard College and Harvard Law School, he worked for Goldman Sachs and then became a hedge fund manager, founder and senior partner of Cramer Berkowitz. He co-founded TheStreet, which he wrote
"Apple is becoming the JC Penney of tech. I think that there is a sense that the company is in a tailspin, and it doesnt seem to matter what they do right now. … Whatever product that is coming out in September is a clear loser. We havent seen it yet, but it is a loser."
"OK, Peter writes, "Should I be worried about in terms of liquidity and get my money out of there?" No, no, no! Bear Stearns is fine. Do not take your money— this is ridi— if theres one takeaway other than a +400 so Bear— Bear Stearns is not in trouble. If anything, theyre more likely to be taken over. Dont move your money from Bear! Thats just being silly! Dont be silly."
