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Cramer Buy Recommendation CIT Goes Bankrupt

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DEPT. OF DEAD HORSE BEATINGS
"Merely four weeks ago, Mad Money host and TheStreet.com founder Jim Cramer said he would buy CIT (”Citi and CIT are Primed for Upside“)," Wall St. Cheat Sheet notes. "This type of incredibly speculative advice is as radioactive to the general investing public as a post nuclear explosion site," WSCS says.

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