SUBPRIME AND CRAMER FOR THE RECORD-

Cramer two weeks ago in mid July....



Cramer now....






I think he gives a pretty accurate picture of the two-faced nature of a lot of these Wall Street guys....they leverage up irresponsibly, then when they wreck the system they want Mommy (or Bernanke) to bail them out. The Colbert followup is hilarious. As it stands, I am currently short an ACS $50 put (that is now in the money) and am at a loss....hope to get "put" the stock, as the potential buyout price on the company is above $60/share (30% premium to current price). Also am long some Broadridge stock and Discover Financial, both hedged with covered calls. Idiots are hoping the Fed will add liquidity to the market so they can get big market rallies....not "save the economy".... sometimes its just annoying to watch the market.