Jim Cramer Admits to Manipulating Stock Market
In my short life I had thought I had seen it all. I was a believer in that the stock market finds the best price of a stock pending all of the information that is presently known. Now I stand in disgust after listening to Jim Cramer explain how he, and many other hedge fund operators, move the market on a daily basis. There is a YouTube Video to follow!
What I found most interesting after watching the video is how he made it so clear that the talking heads on financial TV shows are in bed with hedge fund managers. I have always questioned some of the people on shows like CNBC who sit and talk the market up and down on a near daily basis.
But when you hear it from Cramer’s mouth that hedge fund managers literally call up the talking heads to show them some evidence of a market movement that the manager himself has created – that was the final straw.
Watch this video, you’ll laugh, you’ll cry, you’ll be absolutely disgusted with what you hear. This comes from a man who gives financial advice five days a week to his viewers.
He talks out in the open about skirting and downright breaking the law. Check it out, its sure to change your opinion of the modern stock market and hedge funds.