CNBC Cramer Host of Mad Money

CNBC Cramer is the well-known host of Mad Money. Cramer has also been a former head fund manager. He was chosen as one of 100 most influential business journalists of 2007. Cramer has co-founded The Street.Com. He is believed to have amassed a worth of $100 million.

CNBC Cramer currently lives in Summit, New Jersey. He was born in Wyndmoor, Pennsylvania in 1955. Coming from a Jewish background, Cramer started his career with selling ice creams. In 1977, he completed his graduation from Harvard College. At that time, he used to have a leftist leaning. After college, he joined the Tallahassee Democrat as a reporter. Besides that, Cramer also helped to establish American Lawyer magazine.
CNBC Cramer also writes for New York magazine and Dime magazine. When Cramers dream of making big as a lawyer looked bleak, he went to Goldman Sachs Sales & Trading department. There Cramer, as a stock broker, grossed $700,000 in the first year.
CNBC Cramer co-founded The Street.com with The New Republic editor Martin Peretz. He also happened to be its biggest shareholder. Cramer has his TV show called Mad Money with Jim Cramer on CNBC. It is a US finance TV program chiefly focusing on investment, speculation, especially in publicly-traded securities. The program features guest interviews, calls and the cutting yet potent comments of Cramer himself. He is not only there to guide the audience through the labyrinthine share market of Wall Street but also to help them in making money. Funny sound effects, Cramers frequent use of Booyah etc make the show a typical but a special one.
CNBC Cramer has become synonymous with controversy. In 2000, Cramer settled a lawsuit with Fox News Channel. The channel claimed that Cramer failed to keep his promise regarding a show for them. In 2007, a 2006 interview of The Street.com created controversy after it was shown on YouTube.com. In this video, Cramer talked about activities done by the hedge fund managers in manipulating stock prices; both legal and illegal.

He also told that while in a hedge fund industry whatever he did was fair, there were illegal activities in the hedge fund industry. In 2006, Joseph Nocera commented that those who were watching and following Mad Money were fools. CNN Cramer has also authored books such as Mad Money: Watch TV, Get Rich; Real Money: Sane Investing in an Insane World; Confession of a Street Addict; You Got Screwed! Why Wall Street Tanked and How You Can Prosper. Cnbc