Jim Cramer Exposed Hedge Funds Making Money #shorts
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Jim Cramer Epic Meltdown 2008
In 2008, Jim Cramer had an epic meltdown during a live broadcast of his television show Mad Money. During the show, he questioned the Federal Reserve's decision to cut interest rates and angrily declared that "they know nothing".
The outburst from Cramer made headlines around the world and highlighted his passionate view of the economic situation at the time. Cramer was known for being opinionated about financial markets but this incident showed just how passionate he was about protecting consumers from what he considered to be bad decisions by government bodies like the Federal Reserve.
Despite the criticism, Jim Cramer ultimately stood by his words which has become a memorable moment in financial history.
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