Quote:
Originally Posted by SmootSmack
I see you got so used to posting in the parking lot that you assumed the locker room was now...the parking garage? 
But the question wasn't about Bear Stearns stock, unless I heard it wrong. It was about Bear Stearns in terms of liquidity. And he added that Bear Stearns was likely to be taken over (presumably by someone with deeper pockets and hence some guarantee on the investments). |
No, no, no...I know what you're talking about, you're talking about his interview where he tried to cover his ass big time after the brutal day Bear Stearns had on Monday.
Read the question and see if it relates to "withdrawal of deposits" or "liquidation of shares." Investing 101 tells you cash doesn't need to be liquidated because it's already liquid!!! He either didn't understand the question, highly unlikely, or he is blatantly lying to cover his ass.
Cramer and CNBC need to be sued into oblivion.