Read my lips – Bear Stearns is not in trouble

I’ve never heard of this guy called Don Harrold, but his video on Youtube really grabbed my attention. He can tell a story, and what a story he has to tell. It all starts off with a rant about Jim Cramer. If you haven’t heard about Jim Cramer, he’s a loud mouthed stock picker on CNBC. He made a “call” on Bear Stearns last week that was monumentally wrong and reckless. Hindsight is a great thing of course, but even a casual observer of the stock market would say to steer clear of the banking sector.

The Cramer fuck up is only the beginning of Don’s video. What comes after that is even more monumental! Watch it to the end and tell me I’m wrong…