Jim Cramer freaks out and attacks me!


First, the backstory.

I was invited to go on CNBC on Friday to debate the merits of continuing to invest in 401(k) plans.

My position is that most 401(k) plans are terrible. They have high costs and expenses, poor investment choices, and uncertain tax consequences.

I was asked what investors could do as an alternative. I said CNBC could help investors make intelligent choices if it provided more "in Bogle we trust" and less "in Cramer we trust."

I assumed this would not go down well with the network that features Cramer as its financial oracle, but the events that followed could not have been predicted.