A few months back I posted about Jim Cramer. I thought it was a bit interesting that no one came to his defense when I suggested that he was not a credible financial advisor.
Today, Henry Blodget takes on Cramer in his column on Slate.
One gem from the column entitled "Why you should never take Jim Cramer seriously" reads:
My initial belief was that the former hedge-fund manager, host of CNBC's hit show Mad Money, and author of several books about speculating was perhaps the worst thing to happen to the financial security of average Americans since the crumbling of the Social Security system.
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