On the Monday morning following the Friday, November 13, terrorist attacks in Paris, Jim Cramer said on TV that some traders appeared to have had knowledge in advance of the terrorist plots that killed at least 130. Cramer, in spinning his consipracy theory, exposes the true character of his coverage.
“I know this sounds conspiratorial,” Cramer said on the No. 1 financial news TV channel. “It’s almost like people knew, some people knew. It’s terrible to think that but, you know, the market was down really horribly.”
Cramer’s comments showcase the poor quality of news coverage on 24-hour cable TV financial news channels.
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