According to this article, CNBC "is preparing to slash ten percent of its budget, cutting everything from perks to personnel."
Maybe they will get rid of Cramer. In some ways I hope not.
Thanks, Cramer, for helping me find buyers for the Downey stock I shorted.
By the way, I forgot to mention on here that Downey was finally shut down by the Feds.
Here was my 2007 year end review of the Downey trade.
I am uber-short right now.
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