Traders around the country are erupting in furor over Jim Cramer’s unfortunate comments in support of the proposed Trader Tax. Speaking on CNBC in his regular shoot-from-the-hip slot, Cramer basically said what amounted to “why not?” when asked about the Democrats’ backward idea to extract a percentage of every transaction on the markets. I read…
Eric Jackson
Hot Links: Blodget & Spitzer Sittin' in a Tree
Stuff I’m Reading this Morning… Not just tent cities anymore, more like a Tent Metropolis in Nashville, TN. (WSJ) The SEC kids were dropping off resumes after auditing Bernie Madoff. Nice. (NYP) Felix Salmon saw the Scariest Billboard of the Day in NYC yesterday. (Reuters) My favorite read of the week: Lunch and a discussion…
Eric Jackson on The Best Corporate Boards
If you don’t know Eric Jackson, he’s an activist shareholder through his fund Ironfire Capital and he also writes a terrific blog called Breakout Performance. When a knowledgeable activist talks governance and the quality of corporate boards, I try to listen and learn something. Jackson came upon something interesting during the course of his research…