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To: Dalin who wrote (154234)3/1/2002 9:05:06 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<In one case, recalls Maier, Faber called Cramer and immediately Cramer demanded that the firm buy a hundred thousand shares of MCI Group (nasdaq: MCIT - news - people). "There will be news!" said Cramer's colleague to the broker at Goldman Sachs, who also purchased shares. No more than an hour later, Faber went on the air with news that telecommunications giant MCI was rumored to be an acquisition target. Maier admits he does not know what Faber actually told Cramer during their conversation and writes, "Reporters often called us, asking if we could confirm a rumor in the marketplace."

Cramer's own television appearances also were used to intentionally sway the markets in his favor, Maier writes. For example, while Cramer was on CNBC promoting "a great investment for the long term," Maier writes that Cramer's firm was making quick gains: "Our real strategy, however, was all about taking profits now. Back at the office, we were supposed to dump stocks after a quick half-point gain. On TV, Jim would tout a stock we owned, but if it moved up, we would sell.">>

This would be incredibly easy to confirm...pull tape of the appearances and review trading records from the same day and day before for Cramer, Berkowitz. SEC, are you listening? Helllloooo, anyone home?<NFG>



To: Dalin who wrote (154234)3/1/2002 9:05:37 PM
From: Knighty Tin  Read Replies (2) | Respond to of 436258
 
Dalin, Nobody could use a brilliant, ethical and fair journalist like Maria. She'd catch on to a scam before the scamster even had time to think of it. O.K., I may be exaggerating a bit, but Mythman wouldn't have anything to do with a female who wasn't on top of her game. Unless she let him get on top. <g>

Sounds a bit like sour grapes from the author and bit like cold, hard truth.



To: Dalin who wrote (154234)3/2/2002 12:23:17 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 436258
 
It's absolutely high time, Fleck moves in to teach those weasels some manners. Bill, start with rosary every morning for absolutely all.
dj