Jim Cramer now suspicious of “financial terrorists”
Bob Morris @ Sep 18th 2008 14:10 - Category: Credit crisis
Apocalyptic forebodings (or maybe a tinfoil hat alert) from Jim Cramer at TheStreet.com
It almost feels like financial terrorism. It feels like we are in a moment where there are institutions that are willing the destruction of our banks, institutions that want the nation’s financial system to fail.
But
I have no evidence of any of this
But you’ll say it anyway. Perhaps short sellers should be flogged as a preventative measure?
I literally am searching for a reason why this is all happening
Hmmm. Could years of a deliberate lack of regulation from D.C. combined with overweening greed on the part of investment bankers and insane amounts of leverage have anything to do with it?
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Sue on 18 Sep 2008 at 5:47 pm #
Jim J. Cramer is to the nation’s Financial System as Jimmy L. Swaggart is to Christianity. (Different God, however.)