Video of Jim Cramer admitting stock manipulation ON CAMERA!
In this video from the "Wall Street Confidential" webcast, Cramer boasts about manipulating the price of a high-flying stock down, and even admits that doing so might have been illegal.
"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," Cramer says in this webcast, which was moderated by Aaron Task.
Jim Cramer also said that "no one else in the world would ever admit that, but I don't care." Then, he said, "I'm not going to say that on TV."
Helloooooooooooo Jim! You are on TV! And all over the Internet!