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[[File:Cramer jim.jpg|right|thumb|200px|Jim Cramer]]

[[File:Cramer jim.jpg|right|thumb|200px|Jim Cramer]]

'''Jim Cramer''' (full name '''James Joseph Cramer'''; born February 10, 1955)<ref name=pabook>{{cite web|title=Cramer, James J. (Jim)|url=http://www.pabook.libraries.psu.edu/palitmap/bios/Cramer__Jim.html|author=Michael A. Kowalski|date=Spring 2008|publisher=[http://www.pabook.libraries.psu.edu/ The Pennsylvania Center for the Book]}}, June 6, 2009.</ref> is an [[United States|American]] television host of [[CNBC]]'s ''Mad Money'', he is a former [[hedge fund]] manager, and also a best-selling [[author]].<ref>[http://www.cnbc.com/id/17364946/site/14081545/ Jim Cramer Bio], CNBC.com</ref> Cramer is also a market commentator for TheStreet.com, which he co-founded and of which is he is the largest shareholder. In addition to writing a column for TheStreet.com, Cramer also writes about the [[stock]] market as a columnist for ''New York'' magazine, and he is a frequent contributor to ''[[Time Magazine]]''. He was a founder of and former [[columnist]] for ''SmartMoney'' [[magazine]] and helped found ''American Lawyer'' magazine.

'''Jim Cramer''' (full name '''James Joseph Cramer'''; born February 10, 1955)<ref name=pabook>{{cite web|title=Cramer, James J. (Jim)|url=http://www.pabook.libraries.psu.edu/palitmap/bios/Cramer__Jim.html|author=Michael A. Kowalski|date=Spring 2008|publisher=[http://www.pabook.libraries.psu.edu/ The Pennsylvania Center for the Book]}}, June 6, 2009.</ref> is an [[United States|American]] television host of [[CNBC]]'s ''Mad Money'', he is a former [[hedge fund]] manager, and also a best-selling [[author]].<ref>[http://www.cnbc.com/id/17364946/site/14081545/ Jim Cramer Bio], CNBC.com</ref> Cramer is a market commentator for ''TheStreet.com'', which he co-founded and of which is he is the largest shareholder. In addition to writing a column for ''TheStreet.com'', Cramer also writes about the stock market as a columnist for ''New York'' magazine, and he is a frequent contributor to ''[[Time Magazine]]''. He was a founder of and former [[columnist]] for ''SmartMoney'' [[magazine]] and helped found ''American Lawyer'' magazine. Jim Cramer also shares his [[stock]] picks live on air with [[Erin Burnett]] during his ''"Stop Trading!"'' segment on CNBC's ''Street Signs''.

Jim Cramer was born to Polish-American parents in Wyndmoor, [[Pennsylvania]], a suburb of [[Philadelphia]].<ref name=pabook/><ref name=isb>{{cite news|title=Jim Cramer|url=http://www.internationalspeakers.com/speaker/395/jim_cramer|publisher=[http://www.internationalspeakers.com/ International Speakers Bureau]}}, June 6, 2009</ref> He went to Springfield Township High School in Montgomery County, Pennsylvania.<ref>{{cite web|url=http://www.publicschoolreview.com/school_ov/school_id/71004|title=Springfield Township High School|publisher=publicschoolreview.com}}, June 6, 2009</ref> Cramer graduated <i>[[magna cum laude]]</i> from [[Harvard College]] in 1977 with a [[Bachelor of Arts|B.A.]] in [[government]],<ref name=isb/> where he was President and Editor-in-Chief of ''The Harvard Crimson''. After graduation he became a [[journalist]] for four years; he worked for the ''Tallahassee Democrat'' and later for the ''Los Angeles Herald Examiner'' before attending [[Harvard Law School]] where he earned a law degree in 1984.<ref>[http://www.thestreet.com/author/269/jim-cramer/all.html Jim Cramer RealMoney columnist], TheStreet.com</ref> In 1988, Cramer [[marriage|married]] his [[wife]], Karen, and they had their first child in July 1991.<ref name=isb/>  

Jim Cramer was born to Polish-American parents in Wyndmoor, [[Pennsylvania]], a suburb of [[Philadelphia]].<ref name=pabook/><ref name=isb>{{cite news|title=Jim Cramer|url=http://www.internationalspeakers.com/speaker/395/jim_cramer|publisher=[http://www.internationalspeakers.com/ International Speakers Bureau]}}, June 6, 2009</ref> He went to Springfield Township High School in Montgomery County, Pennsylvania.<ref>{{cite web|url=http://www.publicschoolreview.com/school_ov/school_id/71004|title=Springfield Township High School|publisher=publicschoolreview.com}}, June 6, 2009</ref> Cramer graduated <i>[[magna cum laude]]</i> from [[Harvard College]] in 1977 with a [[Bachelor of Arts|B.A.]] in [[government]],<ref name=isb/> where he was President and Editor-in-Chief of ''The Harvard Crimson''. After graduation he became a [[journalist]] for four years; he worked for the ''Tallahassee Democrat'' and later for the ''Los Angeles Herald Examiner'' before attending [[Harvard Law School]] where he earned a law degree in 1984.<ref>[http://www.thestreet.com/author/269/jim-cramer/all.html Jim Cramer RealMoney columnist], TheStreet.com</ref> In 1988, Cramer [[marriage|married]] his [[wife]], Karen, and they had their first child in July 1991.<ref name=isb/>  

Cramer is a former hedge fund manager and founder/owner and Senior Partner of Cramer Berkowitz, where Jim reported a compounded "rate of return of 24% after all fees for 15 years" at Cramer Berkowitz. He retired from his hedge fund in 2001, where he finished with a self reported 36% return in 2001.<ref>[http://www.cnbc.com/id/15838187/ CNBC TV Profiles - Jim Cramer]</ref>  

Cramer is a former hedge fund manager and founder/owner and Senior Partner of Cramer Berkowitz, where Jim reported a compounded "rate of return of 24% after all fees for 15 years" at Cramer Berkowitz. He retired from his hedge fund in 2001, where he finished with a self reported 36% return in 2001.<ref>[http://www.cnbc.com/id/15838187/ CNBC TV Profiles - Jim Cramer]</ref>  

On August 3, 2007, before the stock market fell and before the recession began, Jim Cramer can be heard in what is now known as the infamous 'Rant Heard Round the World.'<ref>{{cite news |title=Cramer's Rant, the Anniversary |url=http://www.cnbc.com/id/15840232?video=808465173&play=1 |publisher=CNBC |author=Jim Cramer}} 07/29/08</ref> Cramer made a passionate plea to [[Federal Reserve]] Chairman [[Ben Bernanke]] to consider cutting interest rates and, in turn, help the market and the people who are losing their jobs on Wall Street.

On August 3, 2007, in an interview with [[Erin Burnett]] during Jim Cramer's ''"Stop Trading!"'' segment on CNBC's ''Street Signs'', before the stock market fell and before the [[recession]] began, Cramer made a passionate plea to [[Federal Reserve]] Chairman [[Ben Bernanke]] to consider cutting interest rates and, in turn, help the market and the people who are losing their jobs on Wall Street. The rant is now known as the infamous 'Rant Heard Round the World.'<ref>{{cite news |title=Cramer's Rant, the Anniversary |url=http://www.cnbc.com/id/15840232?video=808465173&play=1 |publisher=CNBC |author=Jim Cramer}} 07/29/08</ref>

On July 8, 2008 Jim brought up the possibility of bank failures. In his article, 'Look At The Facts'<ref>{{cite news |title=Look at the Facts |url=http://www.thestreet.com/p/_search/rmoney/jimcramerblog/10432518.html |publisher=TheStreet.com |author=Jim Cramer}}, July 8, 2008</ref> Cramer said, "The losses are increasing, the auction-rate preferreds are now biting, the mortgage implode-a-meter now measures how many home-builders are going under." The following day on July 9, 2008, during a segment on Mad Money Cramer again pointed out the forthcoming Financial Collapse. "Most frightening," Cramer said, "is the silence from those in the government who could take action but haven't. If silence means there is no plan, that's trouble for everyone."<ref>{{cite news |title=A Tribute to Jim Cramer's Mad Money |url=http://derekerwin.blogspot.com/2009/03/tribute-to-jim-cramers-mad-money.html |publisher=A 1-In-100 Blogger |author=Derek Erwin}} March 17, 2009.</ref> A few months later on September 15, 2008, the beginning of the market meltdown occurred.<ref>{{cite news |title=Lehman Files for Bankruptcy; Merrill Is Sold |url=http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1 |publisher=The New York Times |author=Andrew Ross Sorkin}} September 15, 2008.</ref>

On July 8, 2008 Jim brought up the possibility of bank failures. In his article, 'Look At The Facts'<ref>{{cite news |title=Look at the Facts |url=http://www.thestreet.com/p/_search/rmoney/jimcramerblog/10432518.html |publisher=TheStreet.com |author=Jim Cramer}}, July 8, 2008</ref> Cramer said, "The losses are increasing, the auction-rate preferreds are now biting, the mortgage implode-a-meter now measures how many home-builders are going under." The following day on July 9, 2008, during a segment on Mad Money Cramer again pointed out the forthcoming Financial Collapse. "Most frightening," Cramer said, "is the silence from those in the government who could take action but haven't. If silence means there is no plan, that's trouble for everyone."<ref>{{cite news |title=A Tribute to Jim Cramer's Mad Money |url=http://derekerwin.blogspot.com/2009/03/tribute-to-jim-cramers-mad-money.html |publisher=A 1-In-100 Blogger |author=Derek Erwin}} March 17, 2009.</ref> A few months later on September 15, 2008, the beginning of the market meltdown occurred.<ref>{{cite news |title=Lehman Files for Bankruptcy; Merrill Is Sold |url=http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1 |publisher=The New York Times |author=Andrew Ross Sorkin}} September 15, 2008.</ref>