Cramer admits to market manipulation on video - being investigated - Bush admits to illegal wiretaps

[ddeclue]

in front of the national press corps on video - they change the law to make it all legal and sweep it under the rug...

:argh:

[MercutioATC]

1. I wish people would stop saying that.

Cramer admitted to no such thing.

[ddeclue]

2. Sounded like it to me... he better hope I'm not on his jury...

:P

[elleng]

4. Ditto.

I'd like to make a RUN FOR his jury!

[MercutioATC]

5. You won't be....because he didn't break the law.

...and even if he did, he's got plenty of wiggle room.

That's why it's silly to say that he "admitted to market manipulation"...a blatant admission of guilt would be the ONLY way he'd ever be charged.

[ddeclue]

7. Well you need to get the batteries changed in your hearing aids then...

he was bragging about it on the video that Stewart played and people go to jail for less obvious statements on wiretaps all the time in drug cases.

Doug D.

[MercutioATC]

9. Ok, we'll see.

There's NO way that was an admission that he actually broke the law.

[ddeclue]

10. He admitted to manipulating the markets in a very obviously illegal way

to drive the price the way he wanted it to go.

[MercutioATC]

15. No, he "presented a hypothetical".

Everybody who saw him or knows what he does knows the truth, but he did NOT actually ever admit to any illegal activity.

[ddeclue]

17. Not what I heard....he admitted to manipulating stocks for his hedge fund.

It was very clear to me you can stop the defending already nobody believes you.

[MercutioATC]

20. I'm not defending him...we just have different impressions of what he said.

Personall, I don't care what you believe. I'm simply stating that no court in the country would convict him based on his statements because what he said wasn't actually an admission of guilt.

[ddeclue]

21. Yeah and YOURS is WRONG...nt

[MercutioATC]

23. Well, opinions are like assholes.

You can find one anyplace you go.

[ddeclue]

24. Except It's NOT an opinion you are simply being obtuse and trying to turn this into he said she said

You are a flat earther my friend who refuses to hear the words clearly spoken in front of him.

:eyes:

The guy confessed - he belongs in JAIL.

[MercutioATC]

26. Whatever.

Frankly, this is a small-potatoes issue. If Cramer even gets charged on such a flimsy "admission of guilt", I'll buy you a star or something.

It's my opinion that this is just another minor issue that some DUers have chosen to blow out of proportion, but I'll freely admit I'm wrong (and pay up) if he's charged...even if he's not found guilty.

[Subdivisions]

27. I sure am getting sick and tired of people calling others

"silly" on this goddamned forum!

Just because people have different ideas that you do, that doesn't mean that they are "silly"!

[MercutioATC]

28. I didn't call him silly, I said that the statement was silly.

...because "silly" is a nicer word than "asinine"...

[elleng]

3. He appeared to admit it

on the old video. He tried to un-admit it live, with Stewart.

[PufPuf23]

6. Listen to the entire video of Cramer (not TDS)

of which only clips were shown on TDS.

He admits to the illegality and poor SEC oversight and describes specifically what techniques used tp manipulate the market for specific stocks.

[MercutioATC]

14. Yes, but he never actually admits to any personal illegal actions.

Hence, my issue with people saying that he did.

[ddeclue]

18. Yes he DID stop making up crap.. we all saw the interview

the guy belongs in jail for what he ADMITTED to doing - manipulating stocks

[Junkdrawer]

8. Imagine if Blago said....

"I made sure that the only people I considered for the Senate were people who did me favors. That's legal. I also think all Governors should charge as much money as they can for Senate seats. That's illegal, but in these times, no one will bust you for it and I think all Governors need to do it."

[ddeclue]

11. DING DING DING - we have a winner!

Well said AND DUZY worthy...

:)

[burythehatchet]

12. but but but persoanl responsibilityyyyyyyyyy!

[MercutioATC]

13. The point is that Cramer never actually admitted to anything.

Blago didn't admit to breaking the law, either.

Both should suffer professional consequences, but neither actually admitted breaking the law...regardless of how many ways people try to interpret their words.

[ddeclue]

19. Bullshit.. they BOTH did, they need to be cellmates.

You are out of your mind.

Doug D.

[MercutioATC]

22. Look, proving Blago's guilt would have been easy. Nobody tried.

A simple sting asking him to appoint somebody in exchange for something would have determined whether he was seriously intending to break the law or if he was just blustering.

Nobody even tried.


Since Blago never actually broke the law and there's not even any proof of conspiracy to do so, he doesn't belong in prison.

(That's the way we do things here)

[ddeclue]

25. Rod? Rod Blagojevich? Is that YOU:?

Give us all a break... the only way you would apparently ever vote to convict someone is if they actually committed the crime directly in front of you - not even confessing on video tape is good enough for you.

:eyes:

[JackRiddler]

30. Blago did nothing compared to the damage Cramer has done to millions.

[MercutioATC]

31. Cramer only "damaged" those gullible enough to believe him.

If you're going to blindly take the advice of people like Cramer...or Dr. Phil...or that obnoxious guy who sells the ShamWow...you kinda deserve what you get.

[JackRiddler]

32. So basically you're saying the unscrupulous can prey on the stupid...

who deserve what they get. It's a good prescription for rolling back that cumbersome burden of civilization. Hell, if the Aztecs were dumb enough to think Cortez was the embodiment of a god come according to prophecy, that's their tough shit when he burns their cities, right?

A liar's still a liar, no matter how gullible those who believe him. And given how his description of stock manipulation practices sounds like he's talking about things he did, and given the astonishing tendency for him to do things like drive people into stocks that tank the very next week, the matter of whether Cramer lied in the course of criminal conspiracy to defraud investors is very much an open question that must be addressed by investigators who match his tips against possible market manipulations by his fund, his cronies, and companies who profited.

[JackRiddler]

29. Not in a legal way - he just made it obvious that he did it and was still doing it...

and he has rightly invited the scrutiny of investigators who should now match up all of his tips and "news" on that horrible show and compare it to the investment decisions made by his former fund and friends.

[Supersedeas]

16. and the GOP Media Establishment doesn't even pause between Big Pharm Commercials