The Rant
On a summer afternoon in August 2007, Jim Cramer stood before the cameras at CNBC and delivered what would become the most prescient — and most mocked — performance of his career. Wall Street, he insisted, was in horrible shape . The Federal Reserve was asleep at the wheel . The fury in his voice was genuine, the alarm in his eyes unfeigned. He was a man watching a catastrophe unfold in slow motion whilst the adults in charge checked their watches and wondered when lunch might be served.