iBankCoin
Joined Nov 11, 2007
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Cramer: $10 Trillion in Losses Possible in Europe

Cramer is on CNBC saying Europe is on the cusp of nationalizing its banks and “crunching” bond and preferred holders for $10 trilly.

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7 comments

  1. Mr. Cain Thaler

    My God, fuck you Cramer.

    First, everything is fine. Oil sell off, nothing to see here, can’t go lower.

    Then oil goes lower along with the market and Cramer gets panicky.

    Then the EFSF comes along and all is well. There can be no sorrow in the world, crude to $150, S&P to where the DOW trades presently!

    Now, after literally nothing has changed, the price tag is somehow $10 trillion and the world is going to explode?

    The price tag has always been about $1-2 trillion. At most $3 trillion. Throughout all Cramer’s mood swings, the only thing that has changed is Cramer’s temperament.

    $10 trillion is fucking stupid.

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  2. The Fly

    Cramer is a disturbed man.

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  3. kedzilla

    I’m gonna load up the truck with $MS this morning while toasting to Jim

    Don’t expect me to have internet after today due to pending chapter 11.

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  4. surplusdroids

    Cramer did not do the analysis himself on that number.

    He got it from an analyst, friend, commrade, whatever.

    That number gets Cramer what he wants.
    Attention and ratings.

    Ludicrous number = Ludicrous attention in Cramer’s Media playbook.

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  5. Yabollox

    I was hoping he would be on vacation this week.

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