Cramer’s Bailout Plan Boosts Stocks

Posted on 01/23/2008 at 6:27 pm by Bob Cesca

So it looks like Ambac and MBIA are going to be bailed out — which is the plan Cramer was proposing last week in one of his rave-outs. As a result, the Dow jumped from almost 300 points down to almost 300 points up today.

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  • blogarillo

    Dead cats bounce…

  • basheert

    Rah RahGood things happen under George – c’mon people, the guy is a Saint….Sorry if you aren’t invested in the right thing…

  • Nanotyrannus

    …or can have Daddies rich friends bail you out whenever you fuck up.

  • Bob_Cesca

    I wish my business could be bailed out by the government when times get rough.