Other hedge funds and institutional traders are out to get Cramer now.
Like an idiot, he spoke in plain english terms about the tip of the tip of the tip of the tip of the iceberg regarding games big fish play to game the markets.
But it was enough to make the front page of several papers, and onto youtube.com
Now, probably 97% of the people seeing the clip or reading his excerpts have NO CLUE to this day what he is talking about, in terms of the mechanics, but 3% do, and the 97% are being told, in direct terms, that there's dishonesty on Wall Street, and that Wall Street and stock trading is corrupt!!! :eek:
So, yeah. Look for Cramer to be taken down by the prevailing powers that try to nurture an image of Wall Street as an honest arbitrager of almost perfectly efficient markets, free for all to participate in, with no one possessing the upper hand.
Like an idiot, he spoke in plain english terms about the tip of the tip of the tip of the tip of the iceberg regarding games big fish play to game the markets.
But it was enough to make the front page of several papers, and onto youtube.com
Now, probably 97% of the people seeing the clip or reading his excerpts have NO CLUE to this day what he is talking about, in terms of the mechanics, but 3% do, and the 97% are being told, in direct terms, that there's dishonesty on Wall Street, and that Wall Street and stock trading is corrupt!!! :eek:
So, yeah. Look for Cramer to be taken down by the prevailing powers that try to nurture an image of Wall Street as an honest arbitrager of almost perfectly efficient markets, free for all to participate in, with no one possessing the upper hand.