Skip navigation
Text SMS AlertGet stock and market information from Mad Money's Jim Cramer sent to your mobile phone.

RECENT POSTS


MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.




Mad Money PhotosCHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.




ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.







Text Size
Jul.07
4:49 PM ET
Monday, 7 Jul 2008
Cramer: Jerry Yang Is On My Wall of Shame

Cramer declared Carl Icahn as the winner against management in the Yahoo [YHOO  Loading...      ()   ] saga, and sees the Lehman report on Fannie Mae [FNM  Loading...      ()   ] and Freddie Mac [FRE  Loading...      ()   ] writedowns as a “Plea for Forbearance” during Monday’s Stop Trading!.

Reacting to reports that Yahoo has stopped talking to News Corp., and would be open to a search deal with Microsoft , Cramer believes that Yahoo management has its hands full and Carl Icahn wins here. But, in the interim what does he really win? Cramer doesn’t see them getting a huge price on Yahoo shares anymore.

Jim had strong words for Jerry Yang and doubts he can get Yahoo to the 34 level on its own volition. “Jerry Yang is on my Wall of Shame, I think he is just shameless.” Cramer said.

When discussing the Lehman report on Fannie Mae and Freddie Mac writedowns, Cramer pleaded, “We need the government to stop looking. We need everybody to say, okay, we’ll get through this period.  Let’s not ask for big capital requirements, because otherwise we’re going to have a big bailout.”

Bottom Line: Cramer has been saying sell on Fannie and Freddie for 50 points and wants to reiterate his sell call on both.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?



© 2008 CNBC, Inc. All Rights Reserved

Permalink: /id/25572577

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