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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It? -- Ignore unavailable to you. Want to Upgrade?

To: id who wrote (354)	6/15/2002 6:02:59 PM
From: Dave Gore	Respond to of 589

I agree totally. People that consistently do things that aren't technically illegal but are ethically wrong, like Cramer admittedly did, are not to be trusted. And for CNBC to give him his own show, totally wreaks. Another point - when he can't do shady trades through manipulation, he is worthless. He is not a very good stock picker. In his radio show, he stuck a ton of his own money in CNXT, his favorite stock a few months ago. It has done horribly and he was still touting it bigtime in the mid-teens. CNBC gave him his own show simply because they think he is entertaining and gets ratings. He rants and raves and gestures like a madman. To me it pulls CNBC further down the ethics scale. I am tired of law-breakers or unethical idiots getting rewarded just because they are good speakers or they bring in ratings. Give me an accurate, useful, honest analyst, boring or not, anyday. This is money we're talking about. I am not looking to be "entertained" by an unethical bozo who pretends to be sincere and well-meaning.