Dear Jim: Carlyle seems to be suffering from the same fate as Long Term Capital Management. In those rare cases when a financial firm ultimately fails a bottom is often signaled...what are your thoughts? --Gary in Aspen
Cramer says: “No, that’s too small a firm. It can’t bring down the system like Long Term Capital.” Watch the video for Cramer’s explanation of how Carlysle’s money-making strategy resembled a roulette wheel – and where it failed.