Never forgetting to stick to the basics..

[Zsuzsa]

I think someone on one of these threads mentioned that some of the show should be dedicated to education. I watch the show once a week or every other week, so I don't know how much time Cramer dedicates to this, but I did catch the end of the show (seemed like a re-run) late late Friday night.

He was talking about debt, and doing our best to stay away from too much of it when investing, which is a basic concept many don't even remember to adopt in their personal financial lives.

I am glad he dedicated some time to this, and in the same vein I read this article just a few mins ago on yahoo business about corporate loans to executives:

http://news.yahoo.com/s/ap/20060225/ap_on_bi_ge/wall___main_2

What I don't understand is...companies tout this mission about making money and keeping investors happy, but on the inside some seem to be more concerned with taking care of their executives?

Anyone have an opinion on this? I know quite a few people who will not even invest because this kind of special treatment has been in the news often in the past few years.

[zyzzyva57]

Oh, my, Cramer gets po'd over accounting and ethics shenangins like this, particularly if he has had a CEO on who he obviously likes or a company he likes does this. Indeed, if we do our homework, we should not go into a company doing this and dump out if a company does this after we are in. Makes sense to me as a good rule. Even if a company cleans up its act, Cramer wants to wait another quarter or two before trusting the company. Another rule that makes sense. Have you read this jewel from Motley Fools on Martha S.?
http://www.fool.com/News/mft/2006/mft06022433.htm
Stunts = Trash

P.S., Cramer has never liked this company

P.S.S., nor Lucent