Hey, I'm Kramer.

Hey, I'm Kramer.

Welcome to mad money. Welcome to Kramer.

Other people of my friends, I'm just trying to save a little bit of money out here.

My job is not just entertained, but to put it in context.

So call me a 1-800-743C.

TBC tweet me at Jim Kramer.

When I was running the street.com, in the online news journal I started in 1995, I found out how hard business could be. Hardly a quarter went by where we could meet our quota for ad revenue, which is why we set up a more stable subscription business to cushion the shortfalls. But then one day, one day I got this call from one of the most infamous companies of the dot-com era. It was a bit of a summons. When I sat down with this guy who was

richest creches, he said he wanted to do all sorts of things with me. And investment

advise the works.com Nirvana!

I sensed pure greatness, lucre. Just the imprimatur alone would be a home run. I could see the headlines.

But then I heard the other side of the deal. In exchange for the investment, I'd take the money and buy a

requisite amount of goods from his company. Basically, I was being asked to make his quarter.

Seemed pretty circular and pretty fishy. But you both end up looking great.

I told him I wanted to speak to my lawyer first.

And you know what?

My lawyer shot it down immediately.

He said you can't invest in a company

that gets your money back in your own wares.

That's what's called a lazy Susan deal.

And these can be fraught from an investor

and a legal point of view.

...