Skip navigation
Road Rules
Road Rules Video Gallery
Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Text Size
Dec.21
7:48 PM ET
Friday, 21 Dec 2007
A New Hall of Shame Inductee

Now that Marsh and McLennan CEO Mike Cherkasky has been fired, and Sprint’s interim CEO Paul Saleh was replaced by Dan Hesse on a permanent basis, Cramer has some room in his Hall of Shame.

Well, Mad Money's happy to announce that CEO Gary Dunton of mortgage insurer MBIA [MBI  Loading...      ()   ] is the latest inductee after a unanimous vote. (OK, so Cramer's the only one who votes. But anyway...)

Dunton does a good job of hiding behind his chief financial officer, Charles Chaplin, on all the conference calls, Cramer said. And the CEO "has the touch of a great novelist" when it comes to the company's financial reports.

Cramer said he thinks Homegamers will hear a lot more about Dunton in the coming weeks "as his company fights for its life." But "if the board sacrificed Dunton, [MBIA] would stand a better chance of surviving."

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2008 CNBC, Inc. All Rights Reserved

Permalink: /id/22363569

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis