In 2007 Jim Cramer spoke a bit too candidly about how traders could use journalists to publish false information to move stock prices up and down for profit. We share it here for posterity.
This is eye opening. Especially now, as the dow is higher than ever before, people with retirement accounts are feeling encouraged and there's a cautious sense of optimism as interest rates edge down....all happening within 100 days of an important election. Rigged to help the incumbent party no doubt.
"In case you were wondering, it's all rigged "
This is eye opening. Especially now, as the dow is higher than ever before, people with retirement accounts are feeling encouraged and there's a cautious sense of optimism as interest rates edge down....all happening within 100 days of an important election. Rigged to help the incumbent party no doubt.
Wow..