Jim Cramer Responds to Fox News Lawsuit After TheStreet.com
NEW YORK, June 6 /PRNewswire/ — In the wake of Fox News’ airing of the
final “TheStreet.com” show on May 28, 2000, former program panelist James J.
Cramer has filed counterclaims against Fox News. Alleging that Fox News
breached its contract, Cramer, a partner in the hedge fund Cramer Berkowitz,
charges that Fox News invented new policies that it applied only to him which
made it impossible for Cramer to appear on the program. Cramer also states he
is now free to appear on other TV networks because TheStreet.com show has been
canceled, and his contract with Fox News provided that the agreement would
terminate if Fox News discontinued airing the program.
