Fomenting (stock market term)

Bapopik at AOL.COM Bapopik at AOL.COM
Fri Mar 30 19:21:59 UTC 2007

CNBC's Jim Cramer ("Mad Money") used "fomenting" on March 20, in case  anyone 
missed it.
But Mr. Cramer spends most of the interview describing a practice called  “
fomenting,” where a hedge fund manager essentially creates a false impression  
about a company in order to drive its stock one way or another — which he says  
is “blatantly illegal,” but adds that “the Securities and Exchange 
Commission  doesn’t understand it.” While he claims this practice is widespread, he 
never  says he has used it himself.      

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