CNBC’s Cramer on the ‘Today’ Hot Seat

Oct 7, 2008  •  Post A Comment

CNBC’s Jim Cramer appeared on NBC’s “The Today Show” again today after controversially encouraging investors to sell stocks the day before on the program – a day that saw the Dow Jones drop below 10,000 points. In an interview with host Meredith Vieira he attempted to clarify his stance. “I’m an innate optimist, and anyone who’s watched me over 28 years of talking and trading in the market knows that I believe fundamentally that the stock market’s a good place,” he told Vieira. Some columnists are wondering whether Cramer should “keep his job” while others are saying investors should “bet against Cramer” after his Monday morning warnings, TVNewser reports. Vieira herself read viewer mail to the host of CNBC’s “Mad Money With Jim Cramer.” “He did something [Monday] that was almost like yelling ‘Fire!’ in a crowded building,” Vieira read.
—Christopher Perez

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