It was only a matter of time before someone on CNBC took a shot at Fox Business Network and it came from CNBC’s resident loose cannon, “Mad Money” host Jim Cramer. (Video of the incident is available here.)
“I had the choice of watching a rival business channel or getting a root canal,” Cramer said on CNBC’s October 15 “Street Signs” “And I chose the root canal.”
Cramer appeared on his daily segment on the afternoon CNBC show with host Erin Burnett talking out of one side of his mouth analyzing several stocks. However, Cramer struggled with his speech during his analysis of the potential XM Satellite Radio and Sirius Radio merger and spit all over Burnett when he abruptly said something that sounded like “Fox” for an unknown reason.
“I’m having problems,” Cramer said. "I admit it ...”
“Cramer, you spit all over me and you said a vile word,” Burnett replied.
“I can’t help it,” Cramer said. “I’m having a hard time pronouncing that word.”
Cramer received an unprecedented amount of attention after his August 3 breakdown on the “Street Signs” segment proclaiming economic Armageddon. He has also been scrutinized by Barron’s, the Dow Jones Company’s financial weekly, for his lackluster stock-picking performance.
(Business & Media Institute Director and Boone Pickens Free Market Fellow Dan Gainor is scheduled to appear on the Fox Business Channel.)
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That poor Little Jimmy is
October 15, 2007 - 15:01 ET by bigtimerThat poor Little Jimmy is losing it...a mental midget at work all the time, he needs to take a long rest...very very soon.
I can't watch him at all...the screamin' does it for me.
He is worried little fella....FBN is going to run all over him.
“I had the choice of watching a rival network or a root canal,”
October 15, 2007 - 15:14 ET by Chris NormanNow, that's a coincidence. Jim Cramer sounds like a dentist's drill with a vocabulary.
Chris... ROFL...that was
October 15, 2007 - 15:19 ET by bigtimerChris...
ROFL...that was good.
He's really cringe
October 15, 2007 - 15:41 ET by Chris NormanHe's really cringe inducing, BT.
Has Cramer ever given a
October 15, 2007 - 15:17 ET by ckc1227Has Cramer ever given a decent stock recommendation? Every one that I follow up on turns out to be a loser.
As for FBN, I have to say, I'm disappointed. I'm not disappointed in the network, mind you, I'm disappointed because I have no clue where to find it. You would think that in a huge roll out as important as this, they would make a serious effort to tell folks how to find the channel.
Fox Biz Net
October 15, 2007 - 15:20 ET by Free StinkerIf you have DirectTV it's on Channel 359.
In Jersey City, NJ it's on Comcast 106.
That's all I've got from work and home.
. . . and no matter how horrific the terrorist attack, it's conducted by losers. Winners don't need to hijack airplanes. Winners have an Air Force. --P.J. O'Rourke
Sadly, I had listened to
October 15, 2007 - 19:06 ET by bretzysdudeSadly, I had listened to him and lost thousands. Live and learn.
It's rare to find anyone
October 15, 2007 - 19:08 ET by Free StinkerIt's rare to find anyone who made money on his predictions.
He predicted my employer
October 15, 2007 - 19:41 ET by bretzysdudeHe predicted my employer would fall if immigration laws became more enforced.
Competition
October 15, 2007 - 15:37 ET by Jerry MackCompetition will either show how good you are or how bad you are. A good team or person will welcome competition.
I enjoy Cramer's Mad Money
October 15, 2007 - 15:40 ET by jdhawkI enjoy Cramer's Mad Money program. That program and Fast Money are both entertaining and useful if you invest in our markets. Bloomberg TV had been the only alternative to CNBC until now. I welcome Fox's efforts and look forward to the rivalry.
Meanwhile, the Saturday financial programs on Fox are terrible. They talk more politics than economy, markets, and stock picks. Mostly because they, for the most part, really suck at the latter. They hold no favorable comparison to either of the above two CNBC programs in my view.
My hope is that the conservatism shown on the editorial pages of the WSJ will spill over to the new Fox News financial effort.
I enjoy Cramer's Mad Money program.
October 15, 2007 - 15:42 ET by Free StinkerI enjoy Cramer's Mad Money program.
How much money have you lost following his advice? :-(
I've been in Google since
October 15, 2007 - 15:54 ET by jdhawkI've been in Google since he recommended it on his show over two years ago. It's been and is a great stock. Now and again, I have been invested in what he calls his, "Four Horseman," AAPL, RIMM, AMZN, and, or course, GOOG. Also, I have invested in oil, gold, emerging markets, and material ETFs based on his recommendations of the underlying stocks in those industries and countries.
I think he is popular because he is so goofy. And, I mean that in a good way. For example, at the start of the downturn a couple of months ago in our stock markets, he opened the show with him grinding up those little bulls in a meat grinder that he keeps around the set of his show. It was great comic relief after what had been a 300 point down day. It was also a serious reminder to either go to cash or short the market.
He's a decent stock picker.
October 15, 2007 - 16:01 ET by Jeff PoorHe's a decent stock picker. But, NBC "Nightly News" and "Today" pawn him off as more of an economist than a stock picker, which is disappointing when they have so many other smart personalities - Larry Kudlow, Joe Kernen, etc.
"That program [is]
October 15, 2007 - 15:52 ET by MikeB"That program [is] entertaining and useful if you invest in our markets."
I've done better looking at different stocks on my own. Take a look at the fundamentals of a company. The information is readily available on Excite Money and Investing. If the fundamentals look good and the analysts report is good, it's probably a good stock.
If you don't have the time or inclination to research stocks yourself, just buy shares in a mutual fund. Morningstar rates the various mutual funds and tells why they give a particular mutual fund the rating they do. Pick a type (aggressive growth, growth, growth and income, income, microcap, etc.) and buy into the funds with a four or five star rating.
I am always suspicious of some fool yelling and screaming I should invest in something. Kinda like the yelling and screaming going on about global warming.
"A communist is someone who reads Marx. An anti-communist is someone who understands Marx." Ronald Reagan
AM I ALONE?
October 15, 2007 - 15:55 ET by danybhoyI can't be the only person who thinks Cramer & the rest of the CNBC staff know it only a matter of time before they are crushed by the latest creation from Uncle Rupert. CNBC's days of being the champions of buisiness news will be over soon, & they can try to beat Bloomberg for 2nd. It won't take long. Be carefull Cramer, Cavuto & company are going to own you like FNC owns MSNBC...& you know it.
"Some of us are wise, some of us are otherwise" Mark Levin
Fox news would never
October 15, 2007 - 16:00 ET by mgerardnever attack another network.
and Media Matters is hot on
October 15, 2007 - 16:02 ET by Chris Normanand Media Matters is hot on the case...
the hypocrisy continues....
October 15, 2007 - 16:04 ET by mgerardn<EOM>
For the nefarious deeds
October 15, 2007 - 16:08 ET by Chris NormanFor the nefarious deeds done by FoxNews, go to Media Matters web site. Please.
Mitt Romney "Best Business Man In North America"
October 15, 2007 - 16:19 ET by Daniel BakerOne of Jim Cramer's true quotes.
http://www.evangelic...
Daniel... Let me
October 15, 2007 - 16:21 ET by Clear thinkerDaniel...
Let me guess....you work for Mitt?
Get Email updates from Fred http://socialnet.imwithfred.com/email_alert_july_26.html
Sorry I don't work for Mitt
October 15, 2007 - 16:26 ET by Daniel BakerI would work for him or Hunter if they would like to Private Message me. LOL
http://www.evangelic...
media matters
October 15, 2007 - 17:17 ET by IRRRVERNChuck from Tacoma
Why not just check dailykos or moveon to do research on FOX News. LOL
Maybe check with the "truthers"
Oh heck, check with the expert. Ask Keith Olberman.
Cramer = Sycophant
October 15, 2007 - 17:40 ET by CaringwhiteguyWhy don't these two descriptions go together?
Jim Cramer defender of capitalism. Jim Cramer defender of Elliot Spitzer.
He says he's both. Maybe if we just substitute the word "toady" for defender in the Spitzer sentence . . . . .
Socialized Capitalism...
October 15, 2007 - 19:49 ET by VT Con ManCaringwhiteguy, that would be the only version of the "C" word he defends...(you know, spitzer kinda capitalism, of you can even get him to say the word)
And hey, if your network were crashing and burning, you would slam the new competitor who was about to wipe you out, wouldn't you? Well, if you were a socialized capitalist you would...
Missed Opening Day
October 15, 2007 - 19:56 ET by BondPlainBondLast week, with the 15 October date approaching for the first day of broadcasting for Fox Business News (FBN) fast approaching, I called (and wrote) to my cable company asking if this channel would be part of the line-up. The response, from both sources, was "not at this time". I was disappointed, wanting to spend some time familiarizing myself with the format and stories this particular channel would offer.
Flipping through the channels last night, I came across FBN. How could this be? The cable company said it wouldn't be picking it up. Huh. Isn't that interesting?
In my predominantly liberal city, the cable company groups all cable news channels into a package for which an extra fee is charged. I have those channels. I clicked on the channel for viewing and the subscription box popped up.
FBN was granted its very own package, consisting solely of the FBN channel, for which, if I want to view that one, particular cable news channel which was not grouped with the other similar channels, will have to pay an additional fee of $7.50 a month.
Bias? Exclusionary? Prejudicial? Who knows, but, as Shakespeare said, in a round-about way, there's something fishy in my very liberal city.
Root canal vs. contrary view/
October 16, 2007 - 13:50 ET by taznarWhich says more about Cramer than Fox. Some people simply can't handle hearing a view contrary to their own