SEC Investigates Jim Cramer's Website

Inquiry involves TheStreet.com's accounting

By John Johnson

Posted Mar 18, 2010 11:08 AM CDT

Copied

SEC Investigates Jim Cramer's Website — Jim Cramer in a 2008 file photo. (AP Photo/Mark Lennihan)

The SEC is investigating The Street.com—the website co-founded by CNBC host and Jon Stewart target Jim Cramer—over some questionable accounting regarding a former subsidiary. The agency wants to examine how the website recorded revenue for Promotions.com, a marketing company it acquired in 2007 and sold last December, reports the New York Post.

Read These Next

US troops gripe about leader talk that's 'over the line.'
Iran may have miscalculated in its initial response to attack.
Trump has now authorized strikes on seven nations.
White House explains Trump's red neck.

Report an error