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Excellent NYT article, which you should read from the first line to the last.

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Business & Media:

Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? –Peter

Cramer says: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.

What a seer.

UPDATE: In defense of Jim Cramer…

UPDATE: Barry Ritholtz says Jim Cramer’s TV show should be revamped totally.

UPDATE: Henry Blodget

UPDATE: Crossing Wall Street

Midas Oracle = About + Archives + Authors + Best + Contact + Information Technology + Links + Probabilistic Predictions + Post-Mortem Predictions + Prediction Exchanges + Prediction Software + Publish Your Post + How To Publish