Cramer: an apology

I need to apologize — not to Jim Cramer, but to my readers, for not being sufficiently hard on Cramer the other day.

I had missed this essential and hilarious fact:

[Three days before Bear Stearns went kablooey, and the same day he hollered about how “fine” Bear Stearns was on his quasi-TV show], on TheStreet.com, Jim Cramer listed Bear Stearns common stock as a “buy” at $62…

[After Bear blew up] TheStreet.com quickly removed Cramer’s March 11 “buy” recommendation from its page devoted to Bear Stearns.

Jim Cramer: no matter how bad you think he is, he’s worse than you think.

[Source: Bloomberg.]