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Government lie to us? Banks lie to the government? No, that could never happen, lol. And if you believe that I have some WMD in Baghdad to show you.

Why is it that nowadays the mainstream media, like Sixty Minutes, are total suck ups, cheerleaders or, at best, passive conduits, and comics like John Stewart are acting like actual journalists and asking hard questions and demanding accountability. Actually, now that I think about it, this...

I think Mary Schapiro has to do something to show she's not the wimp that Chris Cox was. Simply putting out a statement saying the S.E.C. is looking into Cramer's apparent admittance of illegal market manipulation (see Henry Blodgett's Slate piece on this) is an easy thing to do. We'll see...

I wonder if the S.E.C. will make any comment on Monday about market manipulation and L'Affair Cramer?

Yup, Cramer shit in the bed. Best encapsulation I have seen. I wonder if he is the asshole at CNBC internally that he was at the Street and Cramer Berkowitz. I mean does he actually take orders from the editors? That said: Calling Mary Shapiro! Calling Mary Shapiro! Where are you! We're ready...

Somebody in the mainstream media have to be working on a "Did Cramer Manipulate the Market?" story. NYT? Bloomberg? This is a no brainer for assignment editors, especially with that video out there. After that, it's the A.G.'s office, a trial or a plea ... And CNBC won't utter a word about it.

Gee raising taxes and Smoot-Hawley had nothing to do with the Great Depression, I guess. Jeeze, what a self-serving statement from Bernacke. Typical. He an Obama are allowing AIG to loot the Treasury and he thinks expressing outrage deserves an applause. Clueless. Absolutely clueless...

I thought Fox News was nominated for best comedy? Or was it at AVN?

http://www.nytimes.com/2009/03/15/business/15AIG.html?hp

Hard to imagine how GE/CNBC can keep an admitted stock manipulator on the air, but TV is a strange beast. (Congress / SEC? They are all corrupt, too. You might find an A.G. somewhere who will go after him; Cuomo's got his hands full. But he should at least put out a statement saying his office...

This is the kind of guy who watches Cramer. Totally clueless.

Let me ponder. Yeah, the carry has kept me out of the cash market; I can't see how you make money except on short-term swings. As a long-term hold position, this gets more problematic. But thanks. Still thinking ... The ETFs are a waste, I assume, in more ways than one.

Ok, you're a trader: How far out should I short Treasuries, not futures; I don't want the big leverage or the roll to deal with, considering it's a crowded trade and is gonna require some patience. I'd rather just short some actual bonds, put them away and da-da. Caveats to doing this with bonds...

Cramer on Fox. That pretty much sums up the state of financial journalism today. What a joke.

Satire is the literary/journalistic force that power fears most, as people can understand it. Ask Michael Moore. Come to think of it, Michael, you have to be thinking of a documentary on CNBC, right? C'mon.

We have a Mr. Cramer here whose turned himself in. Want to bet that the SEC doesn't do jack, same old SEC. CNBC has first amendment protection, but Cramer the trader doesn't. We're going to see a Martha Stewart situation here, I bet.

The guy hung himself with that video John Stewart showed. He's an admitted stock manipulator. Legal? It's a gray area. Is it a modern day version of painting the tape? Not sure, maybe an expert can enlighten me. Anyway, I bet there is some hungry A.G. out there who would love to grand jury...

In case I wasn't clear. Cramer was never a GS partner. He was about as close to making partner as a janitor there. Not that he didn't make his SALES numbers. He was just a major league asshole. Ask most people who have worked with him.

You sir, are the idiot. Cramer was a broker, a salesman, a SALESMAN, for two years and was essentially canned for being an asshole. Seriously. He bragged to the NY Times how rich he was and the printed it. Not good comportment at GS. He was toast after that.

Agreed, to a point. We don't allow loan sharking (no civilized society does -- only criminal enterprises) but we do allow usurious loan interest rates. I just saw on a Discover card something like a 29% interest rate if I don't pay my bill. (Trust me, I do.) That to me, is emblematic of how the...