Jim Cramer: NFL gambling is more respectable than Wall Street.
Tell me about it, Mad Money Cramer! The 2,000 shares that my father gave me in Lehman Brothers went from $67 to $0 in a matter of months.
Caveat emptor ("Buyer beware") is a fine doctrine, but I had no idea that Lehman was taking such risks with my money. Nor did I have any way of knowing. This is (so far this week) the worst bankruptcy in U.S. history, far worse than Enron and 15 times worse than WorldCom.
If I had bet six figures on a Cowboys game, it would have been a safer bet than putting my money in the stock market.
Cramer wonders why everything is melting down and no one is angry.
I'M ANGRY, JIM!
over 3 years ago
barrypopik
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By the way, Jim Cramer is a huge Philadelphia Eagles fan.
Doesn’t make the loss any better. Nothing will.
Everybody got propped up, bought out, etc., except Lehman.
Texas slang in a Big Apple minute, by a friendly OED consultant. http://www.barrypopik.com
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