UPDATE to Hack of the Day: Compliments of Thestreet.com and Yahoo!

A few years ago I wrote an article exposing just a few of the thousands of clowns associated with CNBC and Jim Cramer's completely worthless, snake oil investment newsletter websites.

Here, we revisit one of these clowns to prove that they had no real business until recently, despite what the perception created by CNBC.

In fact, it took this moron more than 5 years of daily pimping on CNBC before he was able to lure in some sheep. God help them.

This proves again that ALL of the clowns on CNBC (excluding the familiar Wall Street firms and funds, not that these guys are necessarily credible, but compared to these no-name clowns they most certainly are) who are introduced as “fund managers” or CEO’s of their “own brokerage firm” are basically one-man shows, trying to give the impression that they have a huge firm so the sheep will want to “get in on the action” as well.

Hopefully, once you read this article and think about the impact of the deception (which I can assure you is widespread) you will realize that the media is just as bad as the worst crooks on Wall Street.

Click here to read the original article followed by the updated information.

I want to remind those who have not yet signed up and paid form Membership or have become a Client via subscription of one of our investment newsletters that I have amassed the most detailed and comprehensive compilation of LIARS, SNAKE OIL SALESMEN, IDIOTS and such pertaining to the financial industry.

This work devoted to this publication reflects over a decade of research I have done on these clowns and utilizes my expertise in both the investment spectrum as well as deviant psychology.

This massive report is already more than 200 pages and dozens of videos and continues to be expanded frequently.

The name of this publication is the ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes.

Access to this extremely informative continuously expanding publication is valued at many times more than the cost of the annual website Membership.

But of course, Members receive access to this critical publication in addition to unrestricted access to all articles as well as huge discounts on select research and full access to the Member Video Library containing several educational videos covering securities, markets, economics and other topics.