Should I be worred about Bear Stearns in terms of liquidiy and get my money out of there? No! No! No! ... Bear Stearns is fine ... Bear Stearns is not in trouble ... Don't move your money from Bear! That's just being silly! Don't be silly! ... Jim Cramer
Mr. Cramer's recent advice was made doubly unpalatable because it was issued, as always, as if he were talking to a group of kindergarteners -- and intellectually-challenged kindergarteners at that. If that unwise advice had been just a simple mistake based on bad information, or lack of information, it would be one thing, but for years this man has been dishing out market advice, ten percent of which smells of financial self-interest, thirty percent of which is flat out wrong, and sixty percent of which the average Joe could tell you himself. That people continue to listen to this man is beyond my comprehension.