7th graders called out that the markets were rigged and good old cramer just ignored the true words of these kids. Cramer ignored them because he knows the game is rigged, he knows wallstreet is all about greed and manipulation, anyway cramer totally ignored the questions about how corrupt wallstreet is and went on to talk about the show....................................
The Best Protection Against an Unfair Market
Published: Tuesday, 20 Apr 2010 | 6:39 PM ET
By: Tom Brennan
Web Editor, Mad Money
When even seventh graders talk about how the marketâs rigged, you know confidence in Wall Street has hit a low point.
Thatâs just what happened yesterday during Cramerâs visit to King Collegiate charter school in Brooklyn, N.Y. He was there as part of the Teach for America program, hoping to paint a good picture of stocks and what itâs like to work on the Street. But instead he was peppered with questions about a market âcontrolled by big rich people,â âcrookedâ Goldman Sachs [GS 159.98 -3.34 (-2.05%) ] and an investing environment thatâs ânot fairâ for retail investors.
Cramer stammered, wondering what to say. He figured defending Wall Street at this point probably wasnât worth it. Instead he changed the topic and started talking about the show.
The Best Protection Against an Unfair Market
Published: Tuesday, 20 Apr 2010 | 6:39 PM ET
By: Tom Brennan
Web Editor, Mad Money
When even seventh graders talk about how the marketâs rigged, you know confidence in Wall Street has hit a low point.
Thatâs just what happened yesterday during Cramerâs visit to King Collegiate charter school in Brooklyn, N.Y. He was there as part of the Teach for America program, hoping to paint a good picture of stocks and what itâs like to work on the Street. But instead he was peppered with questions about a market âcontrolled by big rich people,â âcrookedâ Goldman Sachs [GS 159.98 -3.34 (-2.05%) ] and an investing environment thatâs ânot fairâ for retail investors.
Cramer stammered, wondering what to say. He figured defending Wall Street at this point probably wasnât worth it. Instead he changed the topic and started talking about the show.