Financial Times FT.com

Long view: Jim Cramer’s TV outburst that will last for ages

By John Authers, Investment Editor

Published: August 1 2008 20:51 | Last updated: August 1 2008 20:51

Cramer Day is upon us. This weekend marks the anniversary of former hedge fund manager Jim Cramer’s outburst on CNBC that the Federal Reserve was “asleep” and that there was “Armageddon” in the fixed income markets.

It was possibly the most entertaining five minutes of financial television ever broadcast. Those who do not work in a Wall Street trading room and have not watched the excerpt repeatedly over the past year, can watch it on YouTube, where it is a popular view.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this