Opening Segment #2:
'Cramer For SEC Chair'
Tuesday, December 2, 2008
 

Jim:      Do you want the market to become a safe place to invest again?... A place where the playing field between the longs - regular investors like yourself - and the shorts - often hedge funds willing to destroy good companies in order to turn a profit...

Do you want that? Do you want a level playing field?...

Then I know what you want... I know who you want... You want James J. Cramer to be your next SEC Chairman...

That's right. I'm throwing my hat in the ring. As of now, I'm formally putting myself forward for the job of SEC Chair, and I want it and, frankly, Obama will be smart to give it to me.


Continued below...  

 

Market Results today:

Dow + 270

Nasdaq + 51

S&P 500:  + 32

Previous Page

Next Page

See all of tonight's stocks mentioned
on Yahoo! Finance,
here...

 

Tuesday, December 2, 2008
(Cont'd from above)...

 

 

 

Jim (cont'd):   

This isn't just my usual megalomania talking. I don't mean to brag, but look... Let's take a look at my resume... I mean, I'm a lawyer by training, a stock jock, a former hedge fund manager... a guy who knows the tricks, and has seen others do them... although, to be very clear, I never did anything illegal, or anything close to unethical, because in the end, I am a goody two-shoes... But I've seen other money managers do things that we want stopped, and I know how to detect them...

As FDR said when he appointed Joe Kennedy to run the SEC, "It takes a fox to guard the henhouse."

The market needs Obama to declare who he wants to run the SEC. He's got to pick him soon. He better start vetting me... and my competition, because we need Chris Cox out of there... ASAP... on a rail!

We've got to undo Cox's legacy quickly... a legacy of subverting everything that was put in place to make the market safer for individual investors, and empowering - this is what he did - empowering short sellers to create fear and destruction...


The Bottom Line!:     Christopher Cox, in my opinion, is an ideological fool... We need someone with the instincts to go after market manipulation, and restore the safeguards that protect you, and dampen the outrageous volatility. This guy has made NFL gambling look more honest than the market. I wouldn't trust him with the Nevada Gaming Commission. Yes-sir-ree, I'm ready for the job! Let's make the change... yesterday!

Read Jim's next Segment here  
    

 

Previous Page

Next Page

See all of tonight's stocks mentioned, on Yahoo! Finance, here...

Search for Jim's past comments about a specific stock.  Use ticker symbol or company name in quotes (e.g., GOOG or "Google")

© 2005-2009  MadMoneyRecap.com    About Us    Important Disclaimers      

Feedback here.