Cramer: Halliburton’s Lawyers Should Be Outed For Baker Hughes Deal, Dubs it ‘Dumbest Deal Ever’

When I read that Halliburton was going to pay Baker Hughes a $3.5 billion termination fee because of the government hurdle in their way from completing the deal, I could not believe it. How is it possible that the law team at Halliburton could get this so wrong and leave the company exposed to a disastrous termination fee? I’ve never heard of such malfeasance.

Neither has Cramer, who lays into them.