Word: cramers
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...YORK—For the host of CNBC’s “Mad Money,” Jim Cramer ’77, graduation from Harvard College was one of the worst days of his life...
...Money with Jim Cramer is a raucous investor show that features vertigo-inducing camera movement and the blustery, hyperkinetic Cramer bouncing around the set howling stock-market strategy. He punctuates his advice with a battery of noise effects: "Sell! Sell! Sell!" a voice booms through the studio after Cramer hits one of 15 large red buttons on the set; another one elicits a Hallelujah Chorus...
Gimmicky? You bet. But the program, in stark contrast to shows like the staid, departed Wall Street Week, is a clear success. Mad Money has boosted viewership in its 6 p.m. E.T., weekday slot 74%, to 176,000, and is on an upward trajectory. Cramer has the network's highest-rated program in a slot that had been home to its lowest. Pleads program developer Susan Krakower: "Find me another Cramer, please...
...cancellation of prime-time shows with hosts Dennis Miller, John McEnroe and Tina Brown. The network lost its way, says Bill Cella, CEO of Magna Global, an ad-buying firm. "They need to get back to their roots: solid business programming." Mad Money offers a template, because Cramer is well grounded in business yet just crazy enough to test old boundaries...
...Cramer dishes up buy or sell advice for dozens of stocks every night. He occasionally contradicts himself, as he did with Citigroup, when he gushed over the stock's dividend a few weeks after saying the stock was "broke." "I find it, from a financial viewpoint, embarrassing," says John Markese, president of the American Association of Individual Investors. "He's the financial Jerry Springer...