Cramer: I Was Being Responsible!

Mad guru maintains that money is safer out of Wall Street

By Ambreen Ali, Newser Staff

Posted Oct 7, 2008 1:54 PM CDT

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Cramer: I Was Being Responsible! — "The Today Show" had Cramer back on today to ask him whether he regretted his comments given yesterday's market plunge. (AP Photo/Mark Lennihan)

Jim Cramer returned to NBC's Today Show to dismiss viewer attacks that he yelled "fire in a crowded building" by advising they pull out of Wall Street any money they need in the short term. "What happens if there is one raging?" he retorted. The "innate optimist," who maintains that the "stock market is a good place," adds that he is "not so arrogant" to think he caused yesterday's plunge.

"Only in a jittery time would someone who says, 'Be safe than sorry' be pilloried. I think I'm irresponsible if I tell you everything's fine," Cramer said.
(More Jim Cramer stories.)

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