Best of the Web 11/16: Faber Rips Cramer, SEC Probing COMS Option, Gov Spending Out of Control

November 16, 2009 12:04 PM EST

StreetInsider.com Best of the Web:

• CNBC's David Faber... no I mean Newsweek, Rips Jim Cramer for Bear Stearns Call. Calls the 2nd worst prediction. ‘Bear Stearns is fine' - Jim Cramer, March 11, 2008


• The SEC is looking into option trading in 3Com (Nasdaq: COMS) before the announced acquisition by HP (NYSE: HPQ). “It screams insider trading to the SEC,” said law professor Peter Henning.


• Is there an end in sight for government spending? During the month of October, the Federal Government spent $2.30 for every dollar of revenue it took in.


• Japan's GDP gets a boost from stimulus spending. Japan GDP rises at an annualized rate of 4.8% in the third quarter.


• Natural Gas may be stuck in limbo as more production comes on line. Related ETFs: US Natural Gas (NYSE: UNG)

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