Today, a reader has made the following observation:
'Like most people I've never watched any financial television. I clicked on your links to some of the CNBC coverage of Herbalife.
This is similar to how journalists in Catholic countries covered child abuse in the Catholic Church.'
|'Herbalife MLM Income Opportunity' racketeer, Michael Johnson.|
However, if Mr. Cramer (a wealthy, but controversial, author, former hedge-fund manager and graduate of the Harvard Law School) really has swallowed the absurd 'MLM Income Opportunity' fairy story (as recited by Michael Johnson and his crooked little pals): then he is almost-certainly not going to want to face ego-destroying reality. All the same, even though some naive people will say that Mr. Cramer is probably too stupid to be held fully to account, it would be very interesting to know exactly what this amoral loud-mouth's own financial, and/or personal, involvement has been.
It will come as no surprise to regular readers of this Blog to discover that anyone (with sufficient cash) can buy Mr. Cramer's energetic services (as a public speaker) for $50 000-$100 000.