Cramer distributes trading profits

[turkeyneck]

TheStreet.com's Co-Founder Jim Cramer Distributes $472,349 in Trading Profits from his Charitable Trust

http://www.businesswire.com/portal/...d=news_view&newsId=20080331005944&newsLang=en

 

[rickf]

Wonder what those profits were based on.....how much starting capital this year, etc, etc, etc.

I give him credit for doing the charity work, regardless of the hype surrounding his show and periodic weird calls.

 

[RussellDaytrade]

Quote from rickf:

Wonder what those profits were based on.....how much starting capital this year, etc, etc, etc.



I think the profits are based on an average of a dollar made per trading call fading his on-air calls, for the calendar year 2007.

 

[hilojack]

More importantly, what's does he pay himself in mangement fees?

 

[turkeyneck]

Is he really do this for charity or he's doing it for tax credit?

 

[turkeyneck]

Quote from hilojack:

More importantly, what's does he pay himself in mangement fees?

A couple of booyahs will do?