Mad Money host Jim Cramer disclosed Monday night that he received a subpoena from the SEC in relation to its investigation into a hedge fund. Online financial news site TheStreet.com, which Cramer helped found in the 1990s, also received a subpoena, according to an article on the Web site.
The article noted: “Cramer, meanwhile, disclosed the subpoena on his “Mad Money” television show on CNBC Monday night. Through its general counsel, Jordan Goldstein, TheStreet.com disclosed that it, too, received an SEC subpoena. A spokesman for CNBC said the network did not receive a subpoena.
“Goldstein said TheStreet.com won’t comply with parts of the subpoena that demand communications between journalists and sources.”
Dow Jones, whose two journalists received a reply last week, has already said that it would not comply with the subpoenas. The SEC is also backing down from the subpoenas.
Front Office Sports is seeking a dynamic reporter to lead our coverage of the business…
Front Office Sports is seeking a dynamic reporter to lead our coverage of the new…
Bloomberg Industry Group has hired Mackenzie Mays as an investigative reporter. Mays currently covers state government and…
The Wall Street Journal is seeking a senior video journalist to join its Features video…
PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…