No, it really was THAT BAD at the time. Three of the five biggest investment banks went under.
I know, I was an active trader during those times, I'm talking about his over the top performance, all staged.
No, it really was THAT BAD at the time. Three of the five biggest investment banks went under.
No, it really was THAT BAD at the time. Three of the five biggest investment banks went under.
Don't wanna rock the boat too much but some of you would really benefit if you revisit the past.![]()
Ultimately the whiners won. They got bailed out and the traders who faded against Uncle Sam and Goldman Sachs lost. That's how it will go down in history.And they should have failed. And if capitalism had been left on its own, more would have rightfully failed. Cramer's video is just him being a shill for his former buds in the business who were afraid that they would be taken out in body bags. It makes him seem like a pathetic whining baby - crying about how his friends are going to go out of business.
And they should have failed. And if capitalism had been left on its own, more would have rightfully failed. Cramer's video is just him being a shill for his former buds in the business who were afraid that they would be taken out in body bags. It makes him seem like a pathetic whining baby - crying about how his friends are going to go out of business.
I guess you folks haven't been around long enough to remember what a basketcase Cramer is. Check out this 2007 video. This one goes down as a classic of all times.