And He's Not Going to Take It Anymore

'Mad Money' madman Cramer snaps, beseeches Bernanke to cut rates
By Sam Gale Rosen,  Newser Staff
Posted Aug 7, 2007 10:45 AM CDT

(Newser) – In YouTube's most watched video today, CNBC's Jim Cramer blasts Fed chairman Ben Bernanke for signaling that he won't cut interest rates, calling the present stay-the-course market situation "Armageddon." As his dumbfounded interlocutor looks on, the "Mad Money" host pounds the table and thunders that the "Fed is asleep!"

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Bloggers are speculating that the animated analyst may have finally snapped, while others think it's an appropriate reaction to a Wall Street oblivious to its own imminent downturn. Cramer is evidently beset by the pressures of moving a market he thinks is heading in the wrong direction—he closes his segment by muttering, "I wish I didn't know anyone," and snatching his papers off the table in frustration. (Read more Jim Cramer stories.)

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