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Tuesday, May 23, 2006

Mel Karmazin on Jim Cramer


May 23, 2006

Satellite Standard revceived information that Mel Karmazin spoke candidly about Jim Cramer at the Annual shareholders meeting today.

SSG was told that Mel stated that Cramer changed his tune on Sirius shortly after signing a syndication deal with CBS, who currently has Sirius named on a law suit against Howard Stern.

Mel also mentioned the publisher of Cramers new book Simon a Schuster, who happens to be owned by Viacom (parent company to CBS Radio).

Is Mel indicating that Cramer is now jaded? Readers will have to judge for themselves.

5/23/2006 12:48:00 PM


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