Good god, what was this man thinking? In this interview with TheStreet, Jim Cramer admits to using capital to influence movement on stocks based on his position while he was a fund manager. He also mentions other illegal activity that ‘you do anyway because the SEC doesn’t understand it’.
Well Jim, what happens when the market collapses and the SEC is brought up on the chopping block to step up its game, like what happened to the FBI and CIA after 9/11?
Whats even more disturbing is that with his television program, Jim Cramer has the ability to influence stocks and markets using no capital whatsoever. He clearly has no qualms about the moral implications of doing so based on this interview. So I have to wonder – has Jim Cramer used his influence on television to, for example, push down his short positions?

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