Cramer must have known they were in trouble at this time. CEO Greg Becker dumped $3.5 million in shares about 2 weeks before the collapse. CFO Daniel Beck sold $575K the same day. When insiders dump like that, investors/depositors react. Who was Cramer trying to help or protect?
I saw that clip of him on the Daily Show when Jon Stewart was around. If I remember, there weren't any jokes, he was berated nonstop. and that took place around 2008.
On a side note, the "reverse cramer" strategy works pretty well for day traders.
