Tuesday, June 8, 2010

Cramer -- I Will Return Again and Again

(c) 2010 F. Bruce Abel

I will return again and again to this Cramer of a few days ago. Speak to your legislator. Save us.

Mad Money: A Moratorium on New Financial Products? - CNBC: "First we have double- and triple-leveraged exchange-traded funds, which hedge funds and other institutional investors used to pummel the banks during the financial crisis, nearly bringing down the entire system. And just last week a new group of ETFs, which will mimic hedge-fund investing strategies, hit the market. They are so potentially dangerous that legendary investor and Vanguard founder John Bolge said it was “insanity” that they even existed."


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