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OLD Media Moves
Cramer vs. Blodget: Who cares?
February 26, 2007
Boston Globe columnist Alex Beam wants to know why so many people have been paying attention to the feud between “Mad Money” host Jim Cramer and banned Wall Street analyst turned Slate columnist Henry Blodget.
“Cramer, wisely, has kept his powder dry. He trashed Blodget once on the ‘Imus in the Morning’ show, and sent me this to-the-point e-mail about responding to the Slate scribe: ‘Why bother? In my 25 years of trading he’s the only guy I know who has ever been banned from the business. If I have to respond to him then I guess I should respond to Ivan Boesky . . . If I were losing people money I would have lost my show a long time ago.’
“Who do I like in this tussle? Cramer, of course. I had my own mini-feud with the excitable, former Harvard Crimson president five years ago. I continue to treasure his e-mail message of Aug. 1, 2001, offering me $10,000 to come to New York and ‘try to beat the [deleted] out of me.'”
Read more here.
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