Vintage Cramer

FRONTLINE: editors’ notes: in the news: cramer v. stewart | PBS.

Thinking about their showdown last Thursday, we took a look at a 12-year-old video clip we have: It shows Jim Cramer, a then-hot-shot hedge fund manager, going full bore as the market’s cheerleader and entertainer. A TV show of his own was clearly in his future. (The clip’s from our Jan. ’97 report Betting on the Market, Joe Nocera, correspondent.)

What I find revealing is the quote from the business owner about halfway through: It’s “demeaning” that her husband is doing physical work, because clearly people with “real” jobs make a living pushing digits around on paper.


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