CNBC, like any other organization, has typically followed the rule that while you might despise your colleagues, any trash talk about them being idiots or whores is done privately. United front and all that crap.* So, for instance, we’ve yet to hear anyone from the network agree with the generally accepted belief that Jim Cramer’s bold call your money was safe with Bear Stearns back in March 2008, because “Bear Stearns is fine,” was one of his greats, and by greats we mean worst calls of all time, second only to the public declaration that Lenny Dykstra is the best money manager in town. Then this morning, we got this:
And it raises a few questions, such as:
1. Does David Faber have a death wish?
2. Is this the beginning of something beautiful, wherein everyone at CNBC just starts turning on one another?
2a. And we finally find out who leaked Maria’s high school nickname to the Post?
2b. And Sue Herrera’s true thoughts on Michelle’s Caruso Cabreras?
3. Is someone going to have his tires slashed?
4. Can we get Faber to say this to JC’s face, on air?
5. WILL JIM CRAMER ADDRESS THIS AFFRONT ON TODAY’S STOP TRADING SEGMENT? And will it go something like this, but with the word “Faber” swapped for “they”?
Cramer: Bear Stearns [Newsweek]
*Any if you absolutely must leak your feelings to the media, you do so as an anonymous source.
UPDATE: Newsweek has changed the byline to Arlyn Gajilan, one of their editors. Why? Because David Faber was asked to simply write a piece on the fall of Bear Stearns. Newsweek, we’re told, then inserted the Cramer angle and used it for the list. Faber, kind of understandably, was not happy about this, and after what was probably an awkward conversation with Cramer, the byline was changed. So Newsweek is now in the business of instigating shit which is interesting.
Posted by Anal_yst , Nov 13, 2009 12:35PM
Didn't he make the same/similar call on CIT a few months ago?
Posted by guest , Nov 13, 2009 12:36PM
@anal_yst- that JC has a history of making idiotic calls is not the point here.
Posted by guest , Nov 13, 2009 12:38PM
awesome
Posted by guest , Nov 13, 2009 12:40PM
I meant deposits.
- my story and I'm sticking to it.
Posted by guest , Nov 13, 2009 12:40PM
way to take a stand faber.
Posted by guest , Nov 13, 2009 12:41PM
David Faber wears a toupee. You heard it here first.
-JC
Posted by CoveredLong , Nov 13, 2009 12:41PM
Too bad that list is almost as bad as the call.
Patriots...for real?
Posted by guest , Nov 13, 2009 12:43PM
@7 agreed that the list is weak (and cramer should be number one) but can't you focus on the bright side? charlie gasparino is now free to tell us exactly what he thinks of dennis kneale.
Posted by guest , Nov 13, 2009 12:47PM
Jim Cramer needs a fucking rabies shot.
Posted by guest , Nov 13, 2009 12:49PM
Well, as long as it's okay now, Cramer is kind of creepy.
- Erin
p.s. there, whew, I said it. Good Lord.
Posted by guest , Nov 13, 2009 12:51PM
I like this new era of transparency! I'll start: Maria gives out hand jobs with her mouth in the parking lot.
-EB
Posted by guest , Nov 13, 2009 12:53PM
"I havent seen it this bad since I went 5 bid on a half a million shares of citigroup and I got hit in 1995"
Um, what the hell is he talking about?? Has no relevance to anything he is saying. Hes a moron, end of story. Welcome to Cramerica, where shtty calls are the norm and I am absolved of all blame
Buy Buy Buy!!!!
Posted by pfluger , Nov 13, 2009 12:56PM
I think CNBC should mix it up a bit, and have CG do Cramer's evening program.
I think CG would be fantastic if he had access to all of Cramer's props, and the ratings would skyrocket.
Posted by guest , Nov 13, 2009 12:57PM
Cramer is male bovine excrement.
Posted by guest , Nov 13, 2009 12:58PM
cramer will address this after he stops foaming at the mouth.
Posted by guest , Nov 13, 2009 1:04PM
Cramer = Permabull
Posted by guest , Nov 13, 2009 1:07PM
Im sure they were all calling Cramer. Dimon was on the phone every night. "Cramer please help us!!'
Please. Im sure Lloyd B loves the fact that he never fails to mention that he worked for Goldman Sachs. Guy is wrong all the time. Even a broken clock is right twice a day
Posted by guest , Nov 13, 2009 1:09PM
@16 really?
@17 I know, I loved that he actually thought we would believe ppl were calling and begging him to do something.
Posted by guest , Nov 13, 2009 1:14PM
Among many other places I'm sure, Dennis Kneale is not welcome at Danvers High School:
http://www.boston.com/news/odd/articles/2009/11/12/mass_principal_bans_students_from_saying_meep/
Posted by guest , Nov 13, 2009 1:16PM
Faber knows nothing!
-JC
Posted by Anal_yst , Nov 13, 2009 1:18PM
@18
Sadly most of his audience probably believed/s him...
Posted by Tax Chick , Nov 13, 2009 1:25PM
@Anal - And I think those same audience members have been sneaking into DB. Whose supposed to be manning the door?!
Posted by guest , Nov 13, 2009 1:27PM
How's the "Mission Accomplished" banner missing from this list?
Posted by guest , Nov 13, 2009 1:34PM
Faber must go down. He threatens the one thing our college kids yearn for most; Mad Money Power Hours (a shot everytime you hear "buy!buy!buy!") - Jim Cramer is actually the #1 cause of alcohol related deaths in colleges across america.
-CNBC
Posted by guest , Nov 13, 2009 1:37PM
alright, i'll say it: MAYO!
Posted by guest , Nov 13, 2009 1:42PM
@Anal_yst: This is America. The right to be stupid is enshrined in our founding documents ...
Posted by oneliner , Nov 13, 2009 1:49PM
@21 cramer is a shim!!?? you heard it here first
Posted by guest , Nov 13, 2009 1:53PM
A: have you heard of Alexi Vayner?
me: obviously
A: lol
me: impossible is nothing
A: yeah
me: guy is a legend
A: one of my friends is friends with him
me: that is fucking awesome
A: wants me to go to his party with her
Anyone want in?
Posted by guest , Nov 13, 2009 1:55PM
@28, name the place and time. I will come in my pants.
Posted by guest , Nov 13, 2009 1:57PM
Anyone care to venture a guess as to who's the bigger shitheel, Jim Cramer or Mark Klein, M.D.?
Vote now.
Posted by guest , Nov 13, 2009 2:07PM
"Sue Herrera’s true thoughts on Michelle’s Caruso Cabreras"
Bess, I love you.
Posted by guest , Nov 13, 2009 2:07PM
Cramer went bull on 3com in stop trading on Wednesday.
Posted by guest , Nov 13, 2009 2:12PM
@19 Sound like a fun school. MEEP!
Posted by Seaman Bodine II , Nov 13, 2009 2:12PM
I've been telling everybody this. Nobody listens to me anymore. I really could help people.
- Art Cashin
Posted by guest , Nov 13, 2009 2:20PM
Didn't erin burnett call george w bush a monkey?
-MB
Posted by Kool Aid Drinker , Nov 13, 2009 2:34PM
Well, you may have had to sweat it out a bit, but in the end, was your money not safe w/ BSC? This was actually the call of the year sportsfans.
Posted by guest , Nov 13, 2009 2:37PM
@35 - I think she was talking about Obama.
Posted by guest , Nov 13, 2009 2:56PM
True story, a buddy of mine lived in an Upper Westside apartment building on Broadway in the 90's. Faber lived there too, they were friendly over the years. Faber confided in him that he banged Maria one drunken night early in their employment at CNBC.
Posted by guest , Nov 13, 2009 3:08PM
@11 - ftw!
Posted by Anal_yst , Nov 13, 2009 3:21PM
@28
Get in touch, I want in so bad.
Posted by watchmen , Nov 13, 2009 3:51PM
#38.....That must be one (friend of F) of many.....why many of us can't take the Closing Bell anymore. And Vanity Fair includes Cramer in the "sick of" category
Posted by JT , Nov 13, 2009 4:45PM
@38 before or after David was married? Did David say if she was any good?
Posted by guest , Nov 13, 2009 7:39PM
BREAKING NEWS:
The title of Cramer's segment during StreetSigns "Stop Trading" will be changed to "Cramer's Paranormal Activity".
-EBurnett
Posted by guest , Nov 13, 2009 8:24PM
Sorry - Jim's not at the top of my list, but when I heard that Bear Stearns call in realtime, I knew he was talking accounts and deposits, not the stock.
Context is everything -- whether you agree with it or not.
Thats kind of disappointing from Faber, actually.
Posted by guest , Nov 13, 2009 8:32PM
@42 = Mrs. Faber
Posted by guest , Nov 13, 2009 9:18PM
@44 - you do know he recommended bear options earlier in the day, said they were a great buy, and said that he's always a bit gunshy to buy the stock, but the options were great.
(said this on thestreet.com tv)
Posted by Joe Mac , Nov 14, 2009 8:45AM
@Anal- yes, he made exactcall on CIT. And FHA clusterfuck is "different this time" from Freddie and Fannie.