Friday, February 27, 2009

Great Moments in Self-Parody

CNBC's Jim Cramer says that General Electric (the, ahem, corporate overlords of Jim Cramer) was taking a "positive" step in slashing its dividend 68 percent and that furthermore "I applaud management for doing it." 

Which is awesome because I'm going to use all that money I made off Cramer's Bear Stearns call to snap up some undervalued GE stock, which he says he's now buying.

"You can say I'm a complete shill," says Cramer. Indeed.

Permalink posted by Jonathan : 4:19 PM

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