http://community.victoriaadvocate.com/home/Blog/tbozick/9059 I watched the episode of Mad Money when host Jim Cramer apologized for letting down his viewers by supporting Wachovia's Bob Steel. He looked quite distraught when telling viewers to buy up the company stock two weeks earlier.  Then Wachovia looked like it would be taken over by Citigroup in a deal that would have wiped out shareholders. This was the same day the U.S. House originally failed to pass the $700 billion bailout. Cramer slapped Steel on the Wall of Shame, but then the show learned of a Wachovia deal with Wells Fargo, which benefited shareholders. So, Cramer apologized again and removed Steel from the Wall of Shame. But that raises the question, how much can we really trust what bank CEOs say? I watched the episode of Mad Money when host Jim Cramer apologized for letting down his viewers by supporting Wachovia's Bob Steel. He looked quite distraught when telling viewers to buy up the company stock two weeks earlier.  Then Wachovia looked like it would be taken over by Citigroup in a deal that would have wiped out shareholders. This was the same day the U.S. House originally failed to pass the $700 billion bailout. Cramer slapped Steel on the Wall of Shame, but then the show learned of a Wachovia deal with Wells Fargo, which benefited shareholders. So, Cramer apologized again and removed Steel from the Wall of Shame. But that raises the question, how much can we really trust what bank CEOs say? en-us You can trust CEO's to look after their own self interest. Just as it has always been. And you can trust TV personalities to attempt to entertain. Jim Cramer is an entertainer, not a jorunalist or financial guru. If you follow him, you are bound to run with the herd and be handled as cattle. http://community.victoriaadvocate.com/home/Blog/tbozick/9059/#c_72204 http://community.victoriaadvocate.com/home/Blog/tbozick/9059/#c_72204 You can trust CEO's to look after their own self interest. Just as it has always been. And you can trust TV personalities to attempt to entertain. Jim Cramer is an entertainer, not a jorunalist or financial guru. If you follow him, you are bound to run with the herd and be handled as cattle. I like Jim Cramer's show. LOL http://community.victoriaadvocate.com/home/Blog/tbozick/9059/#c_72241 http://community.victoriaadvocate.com/home/Blog/tbozick/9059/#c_72241 I like Jim Cramer's show. LOL See exhibit A below. Case closed. http://community.victoriaadvocate.com/home/Blog/tbozick/9059/#c_72277 http://community.victoriaadvocate.com/home/Blog/tbozick/9059/#c_72277 See exhibit A below. Case closed.