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RealMoney Radio: CEO Guff

Cramer vows to tell the truth about Wall Street and its execs regardless of the repercussions.

Those in the media are failing to communicate to the public the true nature of certain CEOs because they are too worried about the repercussions of doing so, Jim Cramer said on his

"RealMoney" radio show Friday.

This is a problem, Cramer said.

Ten years ago, when Cramer started

TheStreet.com

, he said that he and the rest of the people at the company "vowed to give the inside skinny about what really goes on, on Wall Street."

"We revealed a lot about how trading works," he said.

However, other media outlets did not pick up on

TheStreet.com's

method of telling the truth.

Cramer said, unlike other media, he does not care about getting

Cisco's

(CSCO) - Get Cisco Systems, Inc. Report

John Chambers on his show. He didn't try to land

Bristol-Myers'

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Peter Dolan or

Home Depot's

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Robert Nardelli either.

"I am not into making friends," Cramer said. "If Terry Semel were to leave

Yahoo!

(YHOO)

, it would go from $22 to $25, and I am not afraid to say it."

The media needs to tell the truth, he said. "We do at

TheStreet.com

, I wish others did as well."

There are a lot of ways to make money in the market, Cramer said. One such way is with

World Wrestling Entertainment

(WWE.)

.

Owning this stock is not a bad idea here, he said. It's not just a program, but is a stock as well.

"The rap against WWE, which became public seven years ago yesterday, is because people are worried about its attendance in the U.S.," Cramer said. But the fact of the matter is, "WWE's international business could be huge."

"It's like a Hollywood thing that we export," he went on to say. "It has been ignored for seven years, but this is a stock that pays a 5% dividend."

Cramer said this stock is for him, and as long as market players have this dividend they are not going to get hurt with this stock.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

At the time of publication, Cramer was long Yahoo!

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

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