Cramer: Dow Jones board should take bid or resign
TheStreet.com’s Jim Cramer writes Thursday morning that the Dow Jones & Co. outside board members are all current or former executives of other companies who know something about creating shareholder value and thus should take the $5 billion offer from News Corp. to sell the owner of The Wall Street Journal, Barron’s and Marketwatch. Cramer […]
CNBC ratings down in April
The TVNewser blog has an item that points out that the ratings for CNBC’s major shows were all down in April compared to the same month in 2006. TVNewser wrote, “Three of the network’s early prime shows are down double digits over last April. “Mad Money was down 29 percent in the demo and 15 […]
Jim Cramer's 2006 comp: $2.4 million
“Mad Money” host Jim Cramer made more than $2.4 million in 2006 from his base salary from TheStreet.com, his share of a radio talent fee for his now-defunct radio show and exercising stock options from the online business news company he helped start. TheStreet.com’s proxy was released on Monday. It stated, “In consideration for providing […]
TheStreet.com wants to boost site traffic
Amanda Fung of Crain’s New York Business writes that business news and investing web site TheStreet.com needs to increase its site traffic to catch up with other online financial news sites. Her story was partially based on an interview with Steven Elkes, the site’s new executive vice president of mergers and acquisitions. Fung wrote, “The […]
Cramer's popularity due to shtick, not stock picks
Lia Miller writes in the New York Times that viewers of CNBC’s Mad Money” show featuring Jim Cramer are more attracted to it to watch his antics than to get good investment advice — and for good reason. A negative stock pick last week by Cramer had investors howling. Miller wrote, “Even so, some people […]
Blodget wonders if Cramer's career is crippled
Disgraced former Wall Street analyst Henry Blodget writes that “Mad Money” host Jim Cramer may have hurt his media career by saying on a recent video that he manipulated stocks while he was managing a hedge fund and that investors used business journalists to influence stock prices. Blodget, who has been feuding with Cramer recently, […]
More on Cramer spouting off
USAToday’s Matt Krantz takes a look Friday at “Mad Money” host Jim Cramer talking on a videocast on TheStreet.com about how he manipulated stocks and how business journalists are used by investors. (Note that Cramer back away from many of his statements Thursday.) Krantz wrote, “Cramer didn’t return messages left with CNBC or multiple e-mails […]
Cramer backs away from some, but not all, of his statements
“Mad Money” host Jim Cramer, who earlier this week was criticized for his comments on a videocast on TheStreet.com for saying that he performed unethical stock trading while running his fund and then later making disparaging remarks about business journalists, has backtracked somewhat. In an interview on the Don Imus radio show, he said that […]
Cramer's comment on Pisani could cause trouble with CNBC
“Mad Money” host Jim Cramer‘s dig at fellow CNBC broadcaster Bob Pisani in a video clip could land him in hot water with the business news cable channel, according to the New York Post’s Roddy Boyd. Boyd wrote, “The clip, which had Wall Street tongues wagging earlier this week after Cramer admitted in it to […]
Did Cramer manipulate stock prices?
The New York Post’s Roddy Boyd reports Tuesday that there’s a video of CNBC “Mad Money” host Jim Cramer making the rounds where the former trader seems to acknowledge manipulating stock prices. Boyd wrote, “The host of CNBC’s daily program ‘Mad Money’ had hedge fund-trading desks buzzing yesterday after he bragged about manipulating stock prices […]
