Showing posts with label Jim Cramer. Show all posts
Showing posts with label Jim Cramer. Show all posts

Tuesday, March 20, 2007

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!