What will Jim Cramer say tonight? PART II

[makloda]

# 2:58 a.m. — Ireland guarantees all bank deposits

DUBLIN, Ireland (AP) — Ireland has announced a sweeping guarantee of all deposits in the country's banks in a bid to stop an unprecedented stock-market run against the Irish financial sector.

 

[davidcamm]

I do find this board hilarious, thanks for a great laugh.

Never forget that a stopped clock is always correct TWICE every day.

Would that be at the bottom and at the top too?

LOL

 

[jackangel]

probably old news to some of you, but i found this most interesting:

http://adterrasperaspera.com/blog/2008/06/21/jim-cramer-you-are-a-gigantic-douchebag

to be honest, i'm not entirely averse to the notion of his being shot to death, perhaps after public humiliation and legal action. garbage rules the world.

 

[athlonmank8]

Quote from makloda:

you short or don't you do equities?

 

[Random.Capital]

Quote from makloda:

Within a few short weeks, all banks - regardless of how 'safe' you might think they are - would be holding very few money in deposits

If that's the case, then we should reconsider the fundamental viability of the banking model. If the entire industry goes insolvent every time the bogeyman shows up, it's either not worth saving, or the insurance premiums on deposits need to be dramatically increased.

Otherwise, what you're saying is that this industry will be forever sucking at the taxpayers teat.

 

[blackbook]

lol, cramer youre the worst... watch him right now... enthusiastic and full of zeal... telling ppl dont sit on the side lines etc. yet yesterday he was saying sit on your hands, and dow going to 8400... this guy is the worst.

 

[jackangel]

it's too weird. i never paid close attention to his inconsistency (i.e. duplicity), even though i've always disliked his personality. but now, as soon as he opens his mouth, all i can think of is that he's lying or acting.

and the promos for mad money, about his come-hell-or-high-water commitment to the truth...it's like a bizarre dream.

 

[stock777]

Quote from Brandonf:

I have come on here dozens of times and defended Jim Cramer. He does not have an easy job, I would not like to have to go on TV every day and give tens of stock picks. However, for him to go up there today and deny the chaos and agony he has likely caused people buy telling them this is not a real bear market, they should stay in the financials etc, NBC should show some class and take him off the air. Enough is enough.

It's been a circus for many reasons from day 1.

Glad you finally figured it out.

 

[stock777]

I think its dangerous to raise the FDIC limits too high.

This will encourage weaker banks to attract large deposits.

Failure will be costly to the FDIC.

The FDIC must regulate what the banks can do to raise funds and how they use those funds in order to prevent this problem.

They must know this.

1 million would be moronic.

200k is not bad, and if you weren't an imbecile you already knew how to do that before any of these changes.

 

[stock777]

Quote from jackangel:

probably old news to some of you, but i found this most interesting:

http://adterrasperaspera.com/blog/2008/06/21/jim-cramer-you-are-a-gigantic-douchebag

to be honest, i'm not entirely averse to the notion of his being shot to death, perhaps after public humiliation and legal action. garbage rules the world.

You haven't seen my motto?

Bring Back Public Hanging.