Silda Spitzer

By Mark Finkelstein | March 12, 2008 8:25 AM EDT
This morning, however, Cramer got verklempt not over the discount rate but at the falling fortunes of his friend Eliot Spitzer. Cramer went to Harvard Law with the embattled governor and his wife Silda, and over the years has defended Spitzer against the torrent of criticism directed at the so-called sheriff of Wall Street for his high-handed tactics.
Cramer appeared on this morning's Today to discuss with Meredith Vieira
yesterday's dramatic Fed move. But at the end of the interview, Vieira
raised the Spitzer situation, and that sent Cramer to the verge of
tears. The transcript below doesn't do justice to just how emotional
Cramer became, so readers might want to view the video.