Stewart Nails It

For a guy who is not in the business, this is an incredibly shrewd analysis.

I got to tell you, you know, I understand you want to make finance entertaining. But it’s not a fucking game. And—when I watch that [video of Cramer describing hedge fund tricks], I get—I can’t tell you how angry that makes me. Because what it says to me is: You all know. You all know what is going on. You know, you can draw a straight line from those shenanigans to the stuff that was being pulled at Bear and at AIG and all this derivatives market stuff… These guys at these companies were on a Sherman’s march through their companies, financed by our 401k’s. And all of the incentives of their companies were for short-term profit. And they burned the fucking house down with our money. And they walked away rich as hell, and you guys knew that that was going on.