Got in a little sightseeing in Alcatraz before Mad Money tonight! After first profiting from the stock picks he heard on Cramer's answering machine, Peretz gave Cramer $500,000 to invest. His current wife, Lisa is a real estate broker for Corcoran Group Real Estate in Brooklyn Heights. Due to the complete lack of information about her across authoritative media sources, virtually nothing is known about her beginnings; her early interests are a mystery to this day. Who is Jim Cramer Wife? It could be said that his literary achievements contribute to his fame in equal amount as his ubiquity on television as an investing expert. According to various authoritative sources, it has been estimated that the total of Karens accumulated wealth is close to $500,000, while her ex-husbands (and current colleagues) net worth is said to be over $100 million. On November 13, 2005, Dan Rather interviewed Cramer on 60 Minutes. However, according to their public statements about each other, or the lack thereof, they seem to have stayed business associates and friends regardless of their ultimately failed marriage. Jim Cramer First Wife Cramer was initially married to Karen Backfisch. Bear Stearns is not in trouble. One of the most prominent TV hosts in the USA owns irresistibly envying the amount of $100 Million. When I was positioned shortmeaning I needed it downI would create a level of activity beforehand that could drive the futures. She worked there as a real estate broker. Who is Bridget Moynahans husband? Before Cramer became a reporter, hedge fund manager, and television personality, he sold ice cream to make money. Their marriage lasted for 21 years, from 1988 to 2009. [22], In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co. (later Cramer, Berkowitz & Co.). She ultimately left Phoenix and joined the Corcoran Group Real Estate, headquartered in Brooklyn Heights. With them, the S&P 500 returned 38.3%.. At the time, they were both working for Michael Steinhardt's hedge fund. Lisa was going through a divorce process and had lost her child to cardiomyopathy when they met. The interview ended when Stewart pointedly suggested: "Maybe we can remove the 'financial expert' and the 'In Cramer We Trust' and start getting back to fundamentals on the reporting, as well, and I can go back to making fart noises and funny faces." [33], On August 3, 2007, in what was described a "rant" Cramer made a plea for the Federal Reserve to cut interest rates. But he emailed her at 4:00 a.m., writing, Sometimes in life people who are special need to be told they are special.. Early Life and Education: Mysterious Roots. Every year, I schlepped to the office a half hour earlier, until in my last year I set the alarm at 2:45 a.m. so I still stood a chance of beating those younger and quicker than a 45-year-old could be. He called it a very quick way to make money and very satisfying. The fact that I was right rankles me even more.. However, like many people, Cramers life has had twists and turns. Cramer is required to disclose any positions he holds in a stock that is discussed on the show and is not allowed to trade any security he has spoken about on CNBC for five days following the broadcast. The underperformance in 1998 led to significant investor withdrawals. So, how much is Jim Kramer worth at the age of 66 years of age. In 1997, the former hedge fund manager of Cramer & Cograduated from Harvard College with a Bachelor of Arts degree in government. On March 17, 2008, Cramer claimed his statements were made in regards to the liquidity of accounts held at Bear Stearns as opposed to the stock. The love history between Jim Cramer and his current wife, Lisa Cadette Detwiler, dates way back to 2015 when they decided to get married. Over the years, their affection for each other grew in proportion to the amount of success they managed to achieve professionally. Your money is safe in Citi as I said it was in Bear. The information about previous dates and hookups is constantly updated. He recommended investing in Bear Stearns, Merrill Lynch, Morgan Stanley, Wachovia, and Lehman Brothers before the stocks fell in value significantly and several went out of business. The couple got divorced in 2009 and Backfisch took the custody of her children. Beginning March 1, 1978, Cramer worked for the Tallahassee Democrat in Tallahassee, Florida, where he was one of the first people to cover the Ted Bundy murders since he lived only a few blocks away. Contents Happily Married Couple, Jim and Lisa First Meeting with Lisa Former Wife, Karen Backfisch-Olufsen She later joined Brooklyn Heights-based Corcoran Group Real Estate. Chosen by People magazine as one of the 50 Most Beautiful People in the world [1990]. Soon after, Lisa and Jim began going out together and soon fell in love. [20][21], Cramer was admitted to the New York State Bar in 1985, but did not practice. After graduating from Trinity College, she was employed with a then-upcoming company known as Phoenix. [36], In 2000, Cramer and TheStreet.com settled a lawsuit with Fox News Channel in which Fox had claimed Cramer had reneged on a deal to produce a show for Fox. Confessions of a Street Addict. His license to practice law was suspended on April 2, 2009 for failure to pay the registration fee. Jim Kramer (James J. Cramer) grew up on 10 February, 1955 in Wyndmoor, PA, is an American stockbroker, television personality, author. In 2009, Cramer and 4 other investors purchased the DeBary Inn in Summit, New Jersey. The couple met at work. As of March 31, 2016, Cramer's trust since inception had a cumulative return of 64.5%, whereas the S&P 500 fewer dividends returned 70% during the same timeframe. [85], In 2022, in response to a long-running series of unrelated humorous comments on betting against Cramer's stock recommendations, The Financial Times uncovered SEC filings which revealed that Tuttle Capital Management, the same firm behind an ETF which betted against Cathie Wood's ARK funds, had filed to launch two funds with one labeled "LJIM" and the other "IJIM", representing "Long Cramer" (which would bet with all of Cramer's recommendations) and "Inverse Cramer" (betting against everything that Cramer recommended) respectively. His current wife, Lisa, works as a real estate agent in Brooklyn Heights. Jim Cramer (full name Cramer, James J. "[72] Cramer disagreed with Stewart on a few points, but acknowledged that he could have done a better job foreseeing the economic collapse: "We all should have seen it more. Karen Backfisch was previously married to her longtime boyfriend, Jim Cramer, who was born on February 10, 1955. Cramer was born to Jewish parents on February 10, 1955, in Wyndmoor, Pennsylvania. [2] While at Harvard, Cramer was the president and editor-in-chief of The Harvard Crimson. Offers may be subject to change without notice. She accumulated her fortune by making various profitable decisions for the companies she worked for, while she has earned the most during her time at Cramer & Co. Posted by Jim Cramer onMonday, February 13, 2017. Cramer was one of the first reporters at American Lawyer. 3", "Cramer's TheStreet.com TV Recap: Games Hedge Funds Play", "Cramer flap says a lot about him, a little about hedge funds", "Cramer's Big Mouth: Clip Could Run Afoul of CNBC", "CNBC's Cramer boasts of manipulating markets", "Jim Cramer draws fire over manipulation comments", "10 years ago this week, the market hit the climactic bottom of the Great Recession", "Cramer's Star Outshines his Stock Picks", "Setting the Record Straight on Bear Stearns", "Cramer Takes on the White House, Frank Rich and Jon Stewart", "Bear Stearns proves bank CEOs don't have a clue", "Do Jim Cramer Stock Picks Beat the Market? Cramer and Detwiler tied the knot in Brooklyn in 2015. In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co. (later Cramer, Berkowitz & Co.). 6 2021, Published 3:38 p.m. If anything, theyre more likely to be taken over. They have even inspired some of his favorite stocks picks. Andrew Frankel Wiki Bio. Mr. and Mrs. Cramer owns a large combined net worth from their successful careers. But the S&P figure did not include reinvested dividends. [33] Stewart reiterated earlier claims regarding the CNBC host's "silly and/or embarrassing and/or stupid financial observations. Jim Cramer and his ex wife Karen Backfisch-Olufsen have separated after 21 years of marriage. In 2015, Cramer married his current wife, Lisa Cadette Detwiler. Don't move your money from Bear. Wharton finance professor Robert Stambaugh said he didn't think the findings showed significant underperformance or outperformance when adjusting for a variety of factors, but did say "It's a commendable attempt to dig more deeply into the style that underlies Cramer's stock picks. "[18][19], In 1984, Cramer worked in sales and trading at New York investment bank Goldman Sachs. After college, Cramer was an entry-level reporter, making $15,000 per year. Unfortunately, her 2-year-old daughter, Grace, died due to cardiomyopathy, a chronic disease of the heart muscle. He made enough from trading to cover tuition. Since the divorce, Karen Backfisch is reported to be living a single lady. [2] Cramer started investing in the stock market while he attended law school. But then the person who set us up reminded me that I had been spending too much time at home watching television with my dog., Detwiler told theTimesthat she enjoyed the date but figured that she wouldnt get a second date with theCNBCpersonality. The initial doubt Lisa felt at meeting Jim evaporated into the air and the pair started sharing life experiences. Olivia studied journalism at Cardiff University, graduating in 2010. Who is Jim Cramers wife Lisa Cadette-Detwiler? Cramer responded: "I think we make that deal right here". They devoted half of their $19 million portfolio in stocks for long-term value and the other half to intraday trading. His bride, who is currently 55-year-old works as a real estate broker for Corcoran Group Real Estate in Brooklyn Heights. Cramer said to Stewart that short-selling was detrimental, stated his opposition to it, and said that he had never engaged in it. Copyright 2021, All Right Reserved MARRIEDCELEB, jim-cramers-ex-wife-karen-backfisch-olufsen-where-is-she-now. Born Lisa Cadette in 1965, in New York City USA, she is a real estate agent at Corcoran Group Real Estate, though she obtained a degree in biology. He is a member of famous Television personality with the age 66 years of age./b> group. Jim has previously been a hedge fund manager and . A post shared by Lisa Detwiler (@lcdetwiler) on Jan 19, 2018 at 11:13pm PST. [33], Cramer also appeared in the 2008 motion picture Iron Man spoofing Stark Industries on his show Mad Money,[34] and he also appeared in the movie Wall Street: Money Never Sleeps. Roubini called Cramer a "buffoon," and told him to "just shut up". [6][7], Cramer and his family moved to Springfield Township and he attended Springfield Township High School in Montgomery County, Pennsylvania, graduating in 1973. So far, she might be busy raising her two beautiful daughters. Cramer recommended investing in Bear Stearns, Merrill Lynch, Morgan Stanley, and Lehman Brothers before the stocks fell in value significantly. [citation needed], A February 9, 2009, article in The Wall Street Journal said that betting against Cramer's Buy recommendations using short-term options could yield 25% in a month. Wooyoung (ATEEZ) Age, Height. He has a stepdaughter, Charlotte, with Detwiler. Therefore, even though there arent specific events in her career that can serve as its milestones, the value of her work is nonetheless known throughout the world. We will upbeen in a relationship with? He loves talking about his daughters. That is why we trade. Besides that, the graduate from Harvard University also sees his resume lit up as the founder of a formerly billion valued company, 'The Street.com,' which fell victim to the dot-com crash alongside many online firms. At one point in a clip from December 22, 2006, he said, I would encourage anyone in a hedge fund to do it. He called it a very quick way to make money and very satisfying. Jim Cramer. Stewart also discussed how short-selling was detrimental to the markets and investors. "[51][52] Five months later, the market bottomed at 666, a 36.9% decline. As of March 31, 2016, Cramers trust since inception had a cumulative return of 64.5% where the S&P 500 less dividends returned 70% during the same time frame. Although her career hasnt been as successful as her husbands, Lisa has still earned a decent amount for herself; being one of the most successful real estate agents at a prestigious company has certainly increased Lisas wealth. They divorced in 2009. [75] Cramer said of the Fed Committee, "They're nuts. Lisa holds decent prosperity of $2 Million, working in a prestigious company in the US. Then-executive editor, Richard Oppel, has said [Cramer] was like a driving ram. He announced that he had upgraded Bluth Company stock to a Dont Buy from a Triple Sell, and then to say that the stock was not a Dont Buy anymore, but a Risky.. Cramer attributes much of his success to his wife when he would become too emotional about stocks, she would reign him in. Issues about GMO also feature in Cramers talks with daughters. If you called Mad Money and asked me about Citigroup, I would tell you that the common stock might be worthless, but I would never tell you to pull your money out of the bank because I was worried about its solvency. [68], Referring to March 8, 2009, charges leveled against Cramer by The New York Times columnist Frank Rich, Cramer said that he does not understand how Obama and his staff planned to raise taxes, institute cap-and-trade limitations, and rework the healthcare system all during a recession. They got married in 1988. Over the past two years, viewers holding Cramers stocks would be up 12% while the Dow rose 22% and the S&P 500 16%.. Cramer said, A lot of times when I was short at my hedge fund When I was positioned shortmeaning I needed it downI would create a level of activity beforehand that could drive the futures. He also encouraged hedge funds to engage in this type of activity because it is a very quick way to make money.. [95], In a 2013 interview on The Carlos Watson Show Cramer said that he dealt with mental health issues surrounding his anger and his workplace behavior, attributing the problem to his childhood experiences with his father. In 2005, Cramer appeared as himself in two episodes of Arrested Development. In fact, the love birds enjoyed a magical wedding ceremony in the Liberty Warehouse, Brooklyn. He apparently reversed this decision, though, and continued to make comments before seemingly reversing course and "welcoming" the fund, though further touting his reputation. https://t.co/8aG5Lj01v5. The couple walked down the aisle amidst their close friends and relatives at Liberty Warehouse in Brooklyn, New York. [100], He is a passionate Philadelphia Eagles fan, and cried after the team was victorious in Super Bowl LII. He is a married man and has been married twice in his life. Fortunately, that someone turned out to be Karen Backfisch, who not long after the crash, which she had predicted, became Karen Cramer, half owner of Cramer & Co. "[79] Cramer was vindicated for his negative outlook when the financial crisis of 2007-2008 and the Great Recession took hold. In addition, he is a former hedge fund manager, author and is a co-founder of TheStreet.com. Cramer then went to Harvard College where he graduated magna cum laude with a Bachelor of Arts in government in 1977. As manager of his hedge fund, Cramer claimed to have realized a rate of return of 24% after all fees for 15 years until he retired from the hedge fund in 2001. His wife was sicker and she received the Johnson & Johnson initial dose and the Moderna booster.[103]. However, this performance has not been independently verified. Unfortunately, their marriage came to an end in the year 2009 with a divorce. Cramer said of the Fed Committee, Theyre nuts. Although she doesn't have a dedicated Wikipedia page, she features in her husband's. Reportedly, she is a real estate broker. Over the years, she chose to keep a low profile. Jim Cramer's personal life is relatively lowkey compared to his dramatic married life. Karen Backfisch-Olufsen was Cramer's first wife. He was great at getting the story. With his popularity, he has drawn people close to him into the limelight too, and one of those people is his wife, Lisa Cadette-Detwiler. Jim Cramer, Karen's ex-husband, is married to Lisa Cadette Detwiler 's second wife. Thanks to the ever expanding grasp that social media has on worldwide audiences, it is in the best interests of most celebrities to keep their fans informed about their activities and thus maintain and potentially increase their rating and profit. How old she is? Even if they broke up and parted ways with a divorce agreement, the television sensation is on good terms with both his ex-wife and his two children. ", "FOMC: Transcripts and Other Historical Materials, 2007", "Meeting of the Federal Open Market Committee on August 7, 2007", "Anatomy of a Meltdown Ben Bernanke and the financial crisis", "Jim Cramer Got The Ultimate Vindication This Week", "Cramer: 2007 Fed ranthas anything really changed? "[9] He subsequently worked for the Los Angeles Herald-Examiner writing obituaries. And the Fed is asleep. When the transcript from the August 7, 2007 meeting of the Federal Reserve Open Markets Committee was subsequently released on August 28, 2007, it showed that Cramers comments elicited laughter from participants during a comment from Dennis Lockhart, president, and CEO of the Federal Reserve Bank of Atlanta. "[38], Cramer stated that everything he did was legal, but that illegal activity is common in the hedge fund industry as well. He learned from his father that people who want to succeed in life should strive to outwork everyone. It's been four years since Jim Cramer tied the knot with his current wife, Lisa Cadette Detwiler. Sell at three-quarters, she says to a broker at the other end of her line. Know all about his married life with his lucky spouse in this article. In 1977, Cramer graduated magna cum laude from Harvard College with a Bachelor of Arts in government. At the time, the couple was celebrating 12 months of marriage and 12 months of positive financial performancewith theirhedge fund, Cramer & Co., enjoying an annual compound rate of return of 23 percent. [citation needed], Cramer was also an "editor at large" for SmartMoney magazine and was accused of unethical practices when he made a $2 million personal gain after buying stocks just before his recommendation article was published. Market Realist is a registered trademark. In 1984, he went on to pursue his career at Goldman Sachs. American stockbroker, television personality, author, Recommendation regarding Bear Stearns in March 2008, Performance of Action Alerts charitable trust, Criticism of President Obama's policies in March 2009, Criticism of the Federal Reserve in 2007-2008, SEC subpoena of journalists in conjunction with its investigation of Gradient Analytics, Calling House Speaker Nancy Pelosi "Crazy Nancy" during an interview. They both started working for Cramer & Company together after getting married. Following 21 years of marriage, the . Lisa Cadette Detwiler is the wife of the American television personality and author Jim Cramer. CNBCsJim Cramerditched his trademark rolled-up selves in favor of a black and white Brioni tuxedo in 2015 when he married his second wife, Lisa Detwiler, in front of 500 well-wishers. While employed by Michael Steinhardt's hedge fund in the 1980s, the pair got acquainted for the first time. Cramer hosted a one-hour radio show, Jim Cramers Real Money, until December 2006, which spawned Mad Money. He described how he could push stocks higher or lower with as little as $5 million in capital when he was running his hedge fund. Another criticism of Actions Alerts Plus is that it does not compare itself to indexes that include dividend reinvestment (as the SEC requires for stock-oriented mutual funds). Among the topics of discussion were Cramers past at his hedge fund; including his violent temper. Jim Cramer Wife. Lisa Cadette Detwiler (m. 2015), Karen Backfisch-Olufsen (m. 19882009). Their wedding took place in the Liberty Warehouse in Brooklyn, New York City, NY. Although Cramers daughters arent deep into stock investing, they have helped their father spot some good stocks. The conflict began when Fox complained that Cramer promoted TheStreet.com stock on its network. Who is Steve Martins wife? The underperformance in 1998 led to significant investor withdrawals. Ms. Detwiler had three children named Charlotte, 23, Grace, and Will, 21, with an mysterious ex-spouse. [60] During the Jon StewartJim Cramer conflict, on The Daily Show on March 12, 2009, Cramer admitted he made mistakes on his Bear Stearns calls. When I was positioned shortmeaning I needed it downI would create a level of activity beforehand that could drive the futures." My ridiculous work ethic became the only security I had in the totally insecure world of daily performance grading. Perhaps a clue to his eventual divorce!? In an interview with NYmag.com, Jim Cramer described various stages of his professional life that were critical to his later success, naturally including Karens influence and support. SEC Chairman Christopher Cox said neither he nor any of the SEC's four other commissioners were aware of the subpoenas, which he called "highly unusual. Besides, she and her divorced partner tied the knot but split their ways in 2009. [57] On March 17, 2008, Cramer said his statements were made in regards to the liquidity of accounts held at Bear Stearns as opposed to the stock. On an annual basis, the trust outperformed the S&P 500 by 7.35% and the Russell 2000 Index by 3.33%. The Philadelphia Eagle's fan is also the co-founder of an online financial magazine and news TheStreet.com which further adds to his fortune. During this time, his apartment was robbed and he lost everything, forcing him to live out of his car for 9 months. [44] However, this performance has not been independently verified. ", "Matter of Attorneys in Violation of Judiciary Law \s 468-a", "Jim Cramer on pal Spitzer: 'Eliot screwed up", "Maven Closes Acquisition of TheStreet, New Jim Cramer Deal Announced", "CNBC commentator Larry Kudlow will replace Gary Cohn as Trump's top economic adviser", "The evolution of Jim Cramer's 'Mad Money': From stock picking to stock educating", "Arrested Development: "The Cabin Show"/"For British Eyes Only", "March 12, 2009: Jim Cramer Unedited Interview Pt. These stocks were 724 Solutions, Ariba, Digital Island, Exodus Communications, InfoSpace, Inktomi, Mercury Interactive, Sonera, VeriSign, and Veritas Software. Together, they have two daughters Cece Cramer and Emma Cramer, both of whom were born on an unspecified date and following unknown career paths today. On this Wikipedia the language links are at the top of the page across from the article title. It is known, however, that she then enrolled in the State University of New York, from where she graduated at an uncertain point with an unspecified business degree. No! The sacred wedding took place in front of their friends and family in 1988. [98], Cramer was one of about 200 candidates for the Time 100 in 2009. In 1988, Karen and her beloved Jim Cramer got married. [40][41] Cramer said this practice, although illegal, is easy to do "because the SEC doesn't understand it. Your money is safe in Citi as I said it was in Bear. He and Detwiler, a Corcoran Group Real Estate broker, met at a Manhattan bar in 2006 after a mutual friend set them up, according toaNew York Timeswedding announcement. I never want to write a letter to our investors saying that we didn't participate this quarter because we think the market's too high. YES I AM GETTING MARRIED AND I NEVER USE ALL CAPS!!!!! While Jim Cramer is the famous one in his marriage, his partner is not any less when it comes to a successful professional career. Jim Cramer's longtime rise in his level of fame did cause a small attack on his personal life, which was quite private. In August 2019, TheMaven acquired the company for $16.5 million.[26]. The Manic Universe of Jim Cramer", "Wyndmoor Native and Host of 'Mad Money' Returns to Pennsylvania", "Brotherly Love: CNBC's Jim Cramer Talks Philly Sports, Including Tough MLB Season", "Mad Money's Jim Cramer once sold ice cream at the Vet", "Jim Cramer's breach of trust: Dershowitz commentator's statement on Claus von Bulow", "Is Jim Cramer Really Your Financial Advisor? Over the past two years, viewers holding Cramer's stocks would be up 12% while the Dow rose 22% and the S&P 500 16%. Jim and Karen married in 1988. He later apologized for using the phrase, which was also employed frequently by President Donald Trump. The fund operated out of the offices of hedge fund manager Michael Steinhardt. James Joseph Cramer, popularly known as Jim Cramer, is an American television personality who was born in Wyndmoor, Pennsylvania, on February 10, 1955. Cramer hosted Kudlow & Cramer from 2002 to 2005. Impressed by his knowledge and experience of varied things, Lisa revealed . ET Lisas first job was for start-up company Phoenix, which specialized in the dermatology industry, and became quite successful in the field, but life had different plans for her. "[89][90], On September 15, 2020, during a TV interview with US Speaker of the House Nancy Pelosi, Cramer addressed her as "Crazy Nancy", and then sent several tweets in which he defended his actions. The Inverse Cramer ETF listed in its filings that aside from jokes or obviously meritable investment recommendations, in general, the fund would bet against all of Cramer's recommendations both on Mad Money and Cramer's Twitter feed, and the fund estimates to have a "high turnover rate". Cramer claims to have produced a 24% average annual return over 14 years and routinely [taken] home $10 million a year and more. However, his results have been disputed. "[9] However, his results have been disputed. When I was positioned shortmeaning I needed it downI would create a level of activity beforehand that could drive the futures. He said, I will say this: I am trying to expose this stuff, exactly what you guys do, and Ive been trying to get the regulators to look at it. However, Stewart played several video clips from 2006 where Cramer discussed the spreading of false rumors to drive down stock prices and encouraged short-selling by hedge funds as a means to generate returns. However, she remains best known to the world as the wife of Jim Cramer. He said that his father, who ran a business that sold packaging materials to retailers and restaurants, worked until the day he died. [citation needed], Cramer hosted a one-hour radio show, Jim Cramer's Real Money, until December 2006, which spawned Mad Money. Dont miss to subscribe to our new feeds, kindly fill the form below. The SEC indicated it had no intention of enforcing the subpoenas after lawyers for Dow Jones objected to the governments demands for communications between journalists and their sources. He continued, By the way, no one else in the world would ever admit that, but I dont care, and again, Im not gonna say it on TV. Stewart responded, I want the Jim Cramer on CNBC to protect me from that Jim Cramer. Cramer again admitted that he can do better, and that he should try to change. The pair are enjoying a happy married life. Jim was also the first few reporters working at American Lawyer. Jim Cramer Career. Cramer has written several books, including Confessions of a Street Addict (2002), Jim Cramer's Real Money: Sane Investing in an Insane World (2005), Jim Cramer's Mad Money: Watch TV, Get Rich (2006), and Jim Cramer's Get Rich Carefully (2013). Real estate agent, Lisa came into the limelight because of her marriage with Jim Cramer. The two first met when Karen was working as a trader for Michael Steinhardt's hedge fund in 1988. James matriculated from Springfield Township High School, located in Montgomery County, after which he enrolled at Harvard College from which he obtained BA degree in government in 1977, while in 1984 he received a Juris Doctorate from Harvard Law School. [28] Cramer is required to disclose any positions he holds in a stock that is discussed on the show, and is not allowed to trade any security he has spoken about on CNBC for five days following the broadcast. In 1977, Cramer graduated magna cum laude from Harvard College with a Bachelor of Arts in government.

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