Entries tagged "Cramer"
Today's sign of the Apocalypse: Jim Cramer's campaign to become President-elect Barack Obama's Securities and Exchange Commission chairman. Below is an outtake from his Tuesday night show where he makes his case: 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. This isn't just my usual megalomania talking. I don't mean to brag, but look, let's take a look at my resume. [Shows giant prop resume.]I'm a lawyer by training -- I sound like an ad right? -- a...
Here's the some of the latest buzz on Wall Street.Seeking Alpha asks, is Washington Mutual Inc. heading in the same direction as Bear Stearns Cos.? Meanwhile, Breakingviews says WaMu's directors deserve the door. BloggingStocks reports that Dell Inc. may take in investment from sovereign funds. Nation's Restaurant News reports that another shareholder has filed a suit against Darden Restaurants Inc. Barry Ritholtz abandons Seeking Alpha on his personal blog, The Big Picture. PaidContent reports, Cramer signs on for another three years at TheStreet. According to Business First of Louisville, the company founder wants to buy Pomroy IT Solutions Inc. The...
Here are the rumors and news for the day. As J.P. Morgan Chase & Co. raises its bid for Bear Stearns Cos. to $10 a share, it may also be terminating 7,000 employees (Silicon Alley Insider), and SEC Chairman Christopher Cox says the Bear sale indicates a "lack of confidence" (Blogging Buyouts).Jim Cramer appeared on CNN's Reliable Sources and sort of admitted he said Bear Stearns was fine. Huffington PostApax Partners Inc. is not interested in Reed Business Information. The IndependentElectronic Arts Inc., which is pursuing Take-Two Interactive Software Inc., is losing CFO Warren Jenson. Reuters- Maria Woehr...
