Tuesday, December 23, 2008

Jim Cramer: "Where's The Reporting?"

Jim Cramer was on Hardball on Monday. Pretty entertaining to see tragedy up front. We have a class of banking, financial and government officials who are outright criminal.

"Where's the reporting?" asks Cramer, then goes to town on Citigroup's Bob Rubin, reveals that the AIG money went mostly to bailout foreign banks, and finally stands up for auto unions. Is this too little too late for Cramer's new "character" in this bailout fiasco?

He suggests getting the Justice Department out of the Commerce Department [where Bush put it] to actually independently investigate these crimes. The New York Times has given a blueprint on who to go after.

No comments: