Cramer ( /ˈkreɪmər/) is a surname. It is a variation of the German surname Krämer (pronounced [ˈkʁɛːmɐ]) which is an old term for the profession of traveling merchants in the Late Middle Ages. The meaning later changed to "merchants trading with different, rather small things". ^[1] See also: Kramer (disambiguation).

People[link]

• Anthony Cramer, appellant in Cramer v. United States (U.S. Supreme Court, 1945)
• Carl Eduard Cramer (1831–1901), Swiss botanist
• Casey Cramer (born 1982), American football player
• Clayton Cramer, American historian and software engineer
• Daniel Cramer (1568–1637), German Lutheran theologian
• Doc Cramer (1905–1990), American baseball player
• Douglas S. Cramer, American TV producer
• Dylan Cramer (born 1958), Canadian jazz musician
• Ernst Cramer (architect) (1898–1980), Swiss landscape architect
• Ernst Cramer (politician) (1960), Dutch politician
• Floyd Cramer (1933–1997), American pianist
• Franz Cramer (violinist) (1772–1848), English violinist and Master of the Queen's Music
• Gabriel Cramer (1704–1752), Swiss mathematician, discoverer of Cramer's rule
• Cramer brothers, Gabriel and Philibert Cramer, 18th century Swiss publishers
• Grant Cramer (born 1951), American actor
• Hans Cramer (1896–1968), German general
• Harald Cramér (1893–1985), Swedish mathematician
• Jacqueline Cramer (born 1951), Dutch politician
• Jayme Cramer (born 1983), American backstroke and butterfly swimmer
• Jim Cramer (born 1955), American investment manager and television personality
• Joey Cramer (born 1973), Canadian former child actor
• Johann Baptist Cramer (1771–1858), German composer
• John Cramer (announcer), American television announcer
• John Cramer (Australian politician) (1896–1994)
• John Cramer (representative) (1779–1870), U.S. Representative from New York
• John Antony Cramer (1793–1848), English classical scholar and geographer
• John G. Cramer (born 1934), American physicist
• Johann Ulrich von Cramer (1706–1772), German judge, legal scholar, and philosopher
• Karl von Cramer (1818–1902), Bavarian politician
• Kathryn Cramer (born 1962), American science fiction author and editor
• Kevin Cramer (born 1961), North Dakota politician
• Lawrence William Cramer (1897–1978), Governor of the United States Virgin Islands
• Michael Cramer (born 1949), German politician, MEP
• Morten Cramer (born 1967), Danish football player
• Patrick Cramer (born 1969), German biochemist
• Philippe Cramer (born 1970), Swiss furniture and wallpaper designer
• Philo Cramer, American guitarist
• Pieter Cramer (1721–1776), Dutch wool merchant and entomologist
• Richard Cramer (1889–1960), American actor
• Richard Ben Cramer (born 1950), American journalist and author
• Robert E. Cramer (born 1947), U.S. Representative from Alabama
• Walter Cramer (1886–1944), German businessman and anti-Hitler conspirator
• Wilhelm Cramer (1746–1799), German-British violinist, best known for the "Cramer bow"
• William Cramer (pathologist) (1878–1945), German-born pathologist
• William C. Cramer (1922–2003), U.S. Representative from Florida

In fiction[link]

• Cramer family, characters on the U.S. soap opera One Life to Live
• Inspector Cramer, recurring character in the Nero Wolfe detective stories
• Jason Cramer, character on the HBO drama Oz
• Nurse Cramer, character in Catch-22 by Joseph Heller

Also[link]

• Corwith Cramer (ship), a tall ship
• Cramer brothers, 18th century publishers
• Cramer-Krasselt, an American marketing and communications agency
• Cramer–Shoup cryptosystem, an asymmetric key encryption algorithm
• Cramer Systems, a software company
• Cramer & Co., a former musical-related business in London
• Cramer's rule, a theorem in linear algebra
• Cramér's V, a measure of association between nominal variables
• Kudlow & Cramer, a former television program

Footnotes[link]

This page or section lists people with the surname Cramer. If an internal link intending to refer to a specific person led you to this page, you may wish to change that link by adding the person's given name(s) to the link.

Jim Cramer
Born	James J. Cramer[1] (1955-02-10) February 10, 1955 (age 57)[2] Wyndmoor, Pennsylvania, U.S.
Residence	Summit, New Jersey[3]
Alma mater	Harvard College (B.A.) Harvard Law School (J.D.)
Occupation	Television personality, author
Years active	1978–present
Known for	Hosting Mad Money Chairman of TheStreet.com, Inc., CNBC anchor, author
Spouse	Karen Backfisch-Olufsen

James "Jim" J. Cramer (born February 10, 1955) is an American television personality, a former hedge fund manager, and a best-selling author. Cramer is the host of CNBC's Mad Money and a co-founder and chairman of TheStreet.com, Inc.

Family[link]

Cramer married Karen Backfisch-Olufsen, a trader, in 1988,^{[citation needed]} and lives in Summit, New Jersey.^[4]

Early years[link]

Cramer was born to Jewish parents^[5] in Wyndmoor, Pennsylvania, a suburb of Philadelphia.^[6] One of his first jobs was selling ice cream at Veterans Stadium during Philadelphia Phillies games.^[7] Cramer went to Springfield Township High School in Montgomery County.^[8]

Biography[link]

Education and early career[link]

Cramer graduated magna cum laude from Harvard College with a B.A. in government.^[7]

He began his involvement with journalism in college, working for The Harvard Crimson, and rising to become its president. After graduation, Cramer worked in several entry-level reporting jobs. Dating back to March 1, 1978, Cramer worked for the Tallahassee Democrat in Tallahassee, Florida, where he covered the Ted Bundy murders. The then-executive editor, Richard Oppel, says "[Cramer] was like a driving ram. He was great at getting the story."^[9] He then worked as a journalist for The Los Angeles Herald Examiner. Around this time, his apartment was robbed and he was left with nothing more than his car and the things in it; he lived out of his car for about nine months.^{[citation needed]} He also worked for Governor Jerry Brown.^[6]

Cramer was one of the first reporters at American Lawyer.^[10] Cramer later earned a Juris Doctor degree from Harvard Law School.^[7] During his years at Harvard Law School, Cramer worked as a research assistant for Alan Dershowitz. He assisted Dershowitz's campaign to acquit alleged murderer Claus von Bülow despite the fact that Cramer admitted to himself that von Bülow was "supremely guilty".^[11] Cramer was admitted to the New York Bar in 1985, but his Bar status is currently listed as "suspended." ^[12]

Investing[link]

Cramer started investing in the stock market during his time at law school.^[6] Cramer began promoting his holdings by leaving stock picks on his answering machine, impressing The New Republic owner Martin Peretz, who gave him $500,000 to invest; Cramer earned Peretz $150,000 in two years.^[9]

His track record helped Cramer obtain employment in 1984 as a stock broker with Goldman Sachs' Private Wealth Management^[13] division. Cramer's success in this position led him to found his own hedge fund, Cramer & Co. (later Cramer, Berkowitz, & Co.), in 1987. The fund operated out of the offices of hedge fund pioneer Michael Steinhardt's Steinhardt, Fine, Berkowitz & Co., and early investors included Eliot Spitzer (a Harvard classmate, one of his oldest friends, and former Governor of New York who resigned),^[14] Brill, and Peretz.^[15]

During Cramer's tenure of the fund, from 1988–2000, he had one year of negative returns in 1998. The following year in 1999 the fund returned 47%, and in 2000 28%, beating the S&P 500 by 38 percentage points.^[9] Cramer retired from his hedge fund in 2001, finishing with a 24% average annual return over 14 years and having "routinely [taken] home $10 million a year and more."^[9] The fund was taken over by his former partner Jeff Berkowitz after Cramer's retirement. During that time, he was also an "editor at large" for Smart Money magazine, and was accused of unethically combining his investing and reporting activities when he bought more of stocks that he recommended just before the recommendation article came out, contributing to a $2 million personal gain.^[16] Today, Cramer is barred by CNBC from trading stocks with his personal funds although he makes picks and sells his recommendations.

In 1996, Cramer co-founded TheStreet.com, Inc. with The New Republic editor Martin Peretz, one of his hedge fund's original clients. Cramer is currently a market commentator and adviser to the TheStreet.com, and is its second largest shareholder.^[1] Cramer also manages a charitable trust stock portfolio which is tied to TheStreet.com through a paid subscription service called the Action Alerts PLUS Portfolio.^[9]

Cramer currently works on a new project as part of TheStreet.com called MainStreet.com.^{[citation needed]} An earlier project, TheRoad.com, was not successful.^{[citation needed]}

Cramer claimed to be worth $50 to $100 million in October 2005.^[9] In 2009, Cramer received earnings of $461,276 from TheStreet.com.^[1]

Television personality[link]

The cable television program Mad Money with Jim Cramer first aired on CNBC in 2005. According to CNBC's Web site in an article titled, "Mad Money Manifesto" by Jim Cramer, the show's mission statement and Cramer's job

"...is not to tell you what to think, but to teach you how to think about the market like a pro. This show is not about picking stocks. It's not about giving you tips that will make you money overnight – tips are for waiters. Our mission is educational, to teach you how to analyze stocks and the market through the prism of events."

To provide viewers with "the knowledge and the tools that will empower you to be a better investor," Mad Money features many segments, including: The Lightning Round, Game Plan, Execution Decision, Off the Charts, Sell Block, Market Marshmallows, Outrage of the Day, Mad Bull Disease, Am I Diversified, and Mad Mail.^[17]

After being a frequent guest commentator on CNBC in the late 1990s, Cramer co-hosted CNBC shows America Now and Kudlow & Cramer with Lawrence Kudlow in the early 2000s.

Cramer hosted a one-hour radio show, Jim Cramer's Real Money, until December 2006. "Take the money and run" by the Steve Miller Band was the opening intro to each of his radio shows. The show was similar to his Mad Money TV show. He also guest-hosted in the slot caused by the cancellation of Imus in the Morning (MSNBC and WFAN/Westwood One) in May 2007.

On November 13, 2005, Dan Rather did a sit-down interview with Cramer on 60 Minutes. Among the topics of discussion were Cramer's past at his hedge fund; for example, his violent temper, and what finally led him to come to his senses and "calm down."^{[citation needed]} Footage of Cramer at his family home with his daughters and wife was also included.^{[citation needed]} On November 15, 2005, Cramer mentioned on his program that he received hundreds of e-mails after his 60 Minutes interview. This report was taped before Cramer's radio show, Smart Money with Jim Cramer moved to WOR and became syndicated under the CBS Radio banner.

In 2005, Cramer appeared as himself in two episodes of the television series Arrested Development. He appeared to first announce that he had upgraded Bluth Company stock to a "Don't Buy" from a "Triple Sell", and then to say that the stock was not a "Don't Buy" anymore, but a "Risky".

Cramer has also made appearances on NBC's Today, NBC Nightly News, Live with Regis and Kelly, ESPN Classic's Cheap Seats, NBC's Late Night With Conan O'Brien, Comedy Central's The Daily Show with Jon Stewart, The Tonight Show with Jay Leno, Late Show with David Letterman, ABC's Jimmy Kimmel Live and NBC's The Apprentice (U.S. Season 7) called "The Celebrity Apprentice".

Cramer also appeared in the 2008 motion picture Iron Man spoofing Stark Industries on his show Mad Money.^[18] and appears in the movie Wall Street: Money Never Sleeps.^[19] He also claims to have consulted for the original Wall Street movie by telling the filmmakers how he would get through to Gordon Gekko.^[20]

On March 12, 2009, Jon Stewart interviewed Cramer on The Daily Show^[21] and challenged Cramer's recommendations of Bear Stearns.

On November 3, 2009, Cramer appeared on the Martha Stewart Show to promote his new book,Getting Back to Even. While baking wholewheat bread, he stated that it is a great time to invest in real estate and that he has recently purchased the Debary Inn in Summit, NJ.^{[citation needed]}

Action Alerts charitable trust[link]

In the timeframe of 2002 until May 2009 the performance of Cramer's charitable trust "Action Alerts PLUS" outpaced the S&P 500 and the Russell 2000; while the charitable trust accumulated a return of 31.75%, the S&P 500 had a return of 18.75% and the Russell 2000 has a return of 22.51%. On an annual basis, the trust outperformed the S&P 500 by 7.35% and the Russell 2000 Index by 3.33%. Paul Bolster explains that Cramer beats the market in part because of the excess risk in his picks. “If we adjust for his market risk, we come up with an excess return that is essentially zero,” Bolster said, adding that “zero,” in this case, means his returns are roughly in line with the risk he’s taking on.^[22]

CNBC does not permit Cramer to buy or sell any security he has spoken about on CNBC for the trust for five days following the broadcast. Whenever Cramer is acting within his portfolio or important news about his stocks occur he sends out e-mails to his paying subscribers on TheStreet.com. Whenever mentioning a stock that he holds in his portfolio, he is required to disclose that he owns shares of such company on his CNBC show.^[23]

Selected controversies[link]

Fox News Channel lawsuit[link]

In 2000, Cramer settled a lawsuit with Fox News Channel in which Fox had claimed Cramer reneged on a deal to produce a show for them. Their conflict began when Fox complained that Cramer promoted TheStreet.com's stock on the air.^[24]

Market manipulation[link]

In March 2007, a December 2006 interview from TheStreet.com's "Wall Street Confidential" webcast stirred controversy after it appeared on YouTube.com.^[25] In the video, Cramer described activities used by hedge fund managers to manipulate stock prices – some of debatable legality and others illegal. 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. Cramer said, "A lot of times when I was short at my hedge fund...When I was positioned short—meaning I needed it down—I 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".^[26]

Cramer stated that everything he did was legal, but that illegal activity is common in the hedge fund industry as well. He also stated that some hedge fund managers spread false rumors to drive a stock down: "What's important when you are in that hedge-fund mode is to not do anything remotely truthful because the truth is so against your view, that it's important to create a new truth, to develop a fiction."^[26] Cramer described a variety of tactics that hedge fund managers use to affect a stock's price. Cramer said that one strategy to keep a stock price down is to spread false rumors to reporters he described as "the Pisanis of the world". The comment was a reference to CNBC correspondent Bob Pisani, who reports from the trading floor of the New York Stock Exchange. "You have to use these guys," said Cramer. He also discussed giving information to "the bozo reporter from The Wall Street Journal" to get an article published.^[27][28] Cramer said this practice, although illegal, is easy to do "because the SEC doesn't understand it."^[29] During the interview Cramer referred to himself as a "banking class hero."^[30]

SEC subpoena[link]

In February 2006, an investigation by the U.S. Securities and Exchange Commission (SEC) into allegations of collusion between short-sellers and a stock research firm led to the serving of subpoenas to TheStreet.com and Cramer, as well as journalists for Dow Jones and Marketwatch.com. The SEC then began to back away from the subpoenas, indicating it had no intention of enforcing them after lawyers for Dow Jones said they would not comply. SEC Chairman Christopher Cox rebuked the SEC's staff attorneys for filing subpoenas on two Dow Jones reporters without first consulting him or the other top commissioners. Cox issued a statement saying neither he nor any of the SEC's four other commissioners were aware of the subpoenas, which he called "highly unusual."^[31]

The allegations had been raised publicly and in a lawsuit against Gradient by Overstock.com chief executive Patrick M. Byrne. In May 2007, it was revealed that the SEC had subpoenaed Byrne in May 2006, in connection with an investigation of the company.^[32]

Market performance[link]

Cramer is the founder, former owner and former Senior Partner of Cramer Berkowitz, a hedge fund where Cramer reported a compounded annual "rate of return of 24% after all fees for 15 years" at Cramer Berkowitz. He retired from his hedge fund in 2001, where he finished with a self reported 36% return in 2001.^[33]

On August 3, 2007, Cramer made a plea for Federal Reserve Chairman Ben Bernanke to cut interest rates supposedly because of comments he was getting from investment banks, and their concern about adjustable-rate mortgage borrowers increasing loan rates.^[34]

On July 8, 2008, in an article on TheStreet.com entitled, "Look At The Facts"^[35] Cramer said, "The losses are increasing, the auction-rate preferreds are now biting, the mortgage implode-a-meter now measures how many home-builders are going under."

On "Hardball with Chris Matthews" for September 19, 2008, Cramer stated "It's not too late to be on the pom-pom...the sideline" in regards to home teaser loans.^[36] Cramer spoke again on the Today Show on October 6, 2008, suggesting to investors, "Whatever money you need for the next five years, please take it out of the stock market."^[37]

On September 22, 2008, Wall Street Journal best-selling author Eric Tyson, criticized Cramer's stock picks and his performance in general.^[38]

An August 20, 2007, article in Barrons stated that within the select time frame of the previous two years, "his picks haven't beaten the market. 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%."^[39] CNBC disputed the magazine's findings.^[39] In a February 9, 2009, story, Barrons further reported that betting against Cramer's Buy recommendations using options in the short term could yield 25% in the initial month.^[40]

Cramer's responses to criticism[link]

The White House[link]

On March 2, 2009, Cramer drew the attention of some critics after his evaluation of President Obama’s spending plans and the administration’s handling of the banking crisis. Cramer’s name came up on March 3 during a White House press briefing after Cramer said that Obama was responsible for “the greatest wealth destruction I have seen by a president.”^[41] An offended White House shot back.^[42] Press Secretary Robert Gibbs said, "If you turn on a certain program it's geared to a very small audience. I'm not entirely sure what he's pointing to make some of the statements." When pressed further by NBC's Tom Costello, Gibbs said, "You can go back and look at any number of statements he's made in the past about the economy and wonder where some of the backup for those are, too."

On March 5, 2009, Cramer responded to the White House.^[43] He said, "Huh? Backup? Look at the incredible decline in the stock market, in all indices, since the inauguration of the president, with the drop accelerating when the budget plan came to light because of the massive fear and indecision the document sowed: Raising taxes on the eve of what could be a second Great Depression, destroying the profits in health care companies, tinkering with the mortgage deduction at a time when U.S. house price depreciation is behind much of the world's morass and certainly the devastation affecting our banks, and pushing an aggressive cap and trade program that could raise the price of energy for millions of people."

Cramer questioned criticism he received which he explained makes him "uncomfortable being in the crosshairs of columnists and comedians I enjoy."^[44] Cramer asked, "So, why after toiling in the cable wilderness for four years with Mad Money am I the target of the wrath of the Obama clan, and the darling, albeit surely momentary, of the Obama-critics? After all, my criticism of Obama's handling of the economic crisis is a lot less pointed than my withering August 2007 'They Know Nothing' meltdown^[45] against Ben Bernanke^[46] and the previous administration's handling of the economic crisis."

Frank Rich[link]

Referring to March 8, 2009, charges leveled against Cramer by New York Times columnist Frank Rich, Cramer said that he does not understand how Obama and his staff plan to raise taxes, institute cap-and-trade limitations and rework the health-care system all during a recession.^[47] The article says: "It isn’t that Cramer disagrees with Obama’s vision for the country – he even agrees with taxing the rich – but now is not the time to put those plans into action. The president needs to solve our housing, employment and financial problems, and only then turn his attention to health care and changing the mortgage deduction."

Bear Stearns recommendation[link]

On the March 11, 2008, episode of Cramer's show Mad Money, a viewer named Peter submitted the question "Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?" Cramer responded "No! No! No! Bear Stearns is not in trouble. If anything, they're more likely to be taken over. Don't move your money from Bear."^[48][49] On March 14, 2008, Bear Stearns stock fell 92% on news of a Fed bailout and $2/share takeover by JPMorgan.^[50] On March 17, 2008, Cramer claimed his statements were made in regards to the liquidity of Bear Stearns brokerage accounts as opposed to Bear Stearns common stock.^[51] Cramer stated he was not recommending the common stock but allaying concerns about the account holder's liquidity held in a Bear Stearns brokerage account. Cramer later wrote about the incident: "I did tell an emailer that his deposit in his account at Bear Stearns was safe, but through a clever sound bite, (Jon) Stewart, and subsequently (Frank) Rich—neither of whom have bothered to listen to the context of the pulled quote—pass off the notion of account safety as an out-and-out buy recommendation. The absurdity astounds me. 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. Your money is safe in Citi as I said it was in Bear. The fact that I was right rankles me even more."^[52]

Michael Lewis, a journalist for the U.K.-based Evening Standard news Web site, states that TheStreet.com listed Bear Stearns as a "Buy" at $62 per share on March 11, 2008, which was the same day as the caller's question and a day before the collapse of Bear Stearns.^[53] However, TheStreet.com^[54]--the web site quote that shows the ratings history for actual changes that Cramer makes—indicates that Cramer changed Bear Stearns rating to a "Sell" on February 5, 2008. On his March 12, 2009 appearance on the Daily Show, Cramer admitted he made mistakes on his Bear Stearns calls.^[55]

Jon Stewart[link]

On March 12, 2009, Cramer appeared on The Daily Show with Jon Stewart.^[56] Stewart reiterated earlier claims regarding the CNBC host's "silly and/or embarrassing and/or stupid financial observations."^[57] Moreover, he claimed CNBC shirked its journalistic duty by believing corporate lies, rather than being an investigative "powerful tool of illumination."^[58] For his part, 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." ^[59]

Stewart also discussed how short-selling was detrimental to the markets and investors. Cramer admitted to Stewart that short-selling was detrimental, stated his opposition to it, and claimed that he had never engaged in it, which contradicts earlier statements in which he described going short while managing a hedge fund. In a December 2006 interview from TheStreet.com's "Wall Street Confidential" webcast Cramer said, "A lot of times when I was short at my hedge fund...When I was positioned short—meaning I needed it down—I would create a level of activity beforehand that could drive the futures."^[26] He said, "I will say this: I am trying to expose this stuff, exactly what you guys do, and I've been trying to get the regulators to look at it."^[60] 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.^[61] 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. He continued, "By the way, no one else in the world would ever admit that, but I don't care, and again, I'm not gonna say it on TV." ^[59] Stewart responded, "I want the Jim Cramer on CNBC to protect me from that Jim Cramer."^[59] Cramer again admitted that he can do better, and that he should try to change. 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.” Cramer responded: “I think we make that deal right here.”^[62]

Response to pundits[link]

"The pundits," Cramer explained on March 9, 2009, in a MainStreet article, "who haven't paid attention to anything I have been saying or writing for the past 18 months are all over me."^[63] Cramer said the pundits "won't engage in the merits of, say, favoring Tier 1 capital for the banks vs. common equity, or forbearing on the banks to work the situation out over time because the banks can be profitable if we have some patience. They just attack me."^[64] Cramer suggested, "It's time to get serious. It's time to take the issue from the pundits and from the left and right, and put it where it belongs: serious non-ideological debate to put out the real firestorm, the collapse of the economy from Wall Street to Main Street and the ensuing Great Wealth Destruction for all."

Bibliography[link]

• Jim Cramer's Getting Back to Even ISBN 978-1-4391-5801-2
• Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer) ISBN 978-1-4165-5885-9
• Jim Cramer's Mad Money: Watch TV, Get Rich ISBN 1-4165-3790-2
• Jim Cramer's Real Money: Sane Investing in an Insane World ISBN 0-7432-2489-2
• Confessions of a Street Addict ISBN 0-7432-2487-6
• You Got Screwed! Why Wall Street Tanked and How You Can Prosper ISBN 0-7432-4690-X

Notes[link]

References[link]

• Kurtz, Howard (2000). The Fortune Tellers: Inside Wall Street's Game of Money, Media, and Manipulation. New York, NY: Simon & Schuster. ISBN 0-684-86879-2. 

External links[link]

Wikiquote has a collection of quotations related to: James Cramer

Biographies[link]

• Jim Cramer biography on CNBC.com
• Jim Cramer biography on TheStreet.com
• Action Alerts PLUS on TheStreet.com

Notable Cramer sources[link]

• Mad Money w/ Jim Cramer Madcap Recap
• Mad Money TV show recapped Nightly Verbatim Recaps
• TheStreet.com, Cramer's investment website.
• Stockpickr Stock market social networking site.
• Articles written by Jim Cramer on MainStreet.com
• In the Money, continued, Balance Sheet, article about Cramer and other law alumni, from the online Harvard Law Bulletin
• Jim Cramer at the Internet Movie Database
• Betting on the Market – PBS Frontline interview with Jim Cramer
• Jim Cramer's Picks at Seeking Alpha
• To The Moon
• Maxim: Ask Jim Cramer, Maxim's interview with Cramer, and Top 2 Chinese Stocks Right Now
• Time's 100 Most Influential People of 2009 – Jim Cramer
• Jim Cramer on the Iraqi Dinar – on DinarProfits.com

This Awards and achievements succession box's factual accuracy may be compromised due to out-of-date information. Please help improve the article by updating it. There may be additional information on the talk page. (April 2012)

Miley Cyrus
Cyrus at the 2012 People's Choice Awards
Background information
Birth name	Destiny Hope Cyrus
Born	(1992-11-23) November 23, 1992 (age 19) Nashville, Tennessee, U.S.[1]
Genres	Pop,[2] country pop, dance, electropop, teen pop
Occupations	Actress, musician
Instruments	Vocals, guitar, piano
Years active	2001–present
Labels	Walt Disney, Hollywood
Associated acts	Hannah Montana, Billy Ray Cyrus, Demi Lovato
Website	MileyCyrus.com Signature of Miley Cyrus.

Miley Ray Cyrus (born Destiny Hope Cyrus; November 23, 1992) is an American actress and pop singer-songwriter. She achieved wide fame for her role as Miley Stewart/Hannah Montana on the Disney Channel sitcom Hannah Montana.

Cyrus recorded music for the soundtracks, Hannah Montana (2006) and Hannah Montana 2/Meet Miley Cyrus (2007), released by Walt Disney Records. With the success of the Hannah Montana franchise she established herself as a teen idol. In 2007, Cyrus signed to Hollywood Records to pursue a solo career. She embarked upon the Best of Both Worlds Tour the same year, in which she performed as both herself and in character as Hannah Montana. The tour was eventually turned into a high-grossing concert film titled Hannah Montana & Miley Cyrus: Best of Both Worlds Concert (2008). In July 2008, Cyrus released her first solo album, Breakout (2008), which was commercially successful.

She began her foray into film by providing the voice of "Penny" in the animated film Bolt (2008). Cyrus earned a nomination for the Golden Globe Award for Best Original Song for her performance of Bolt's theme song, "I Thought I Lost You". She also reprised her role as Miley Stewart/Hannah Montana in Hannah Montana: The Movie (2009). The Hannah Montana: The Movie' soundtrack introduced her to new audiences within country and adult contemporary markets.

She began to cultivate an adult image in 2009 with the release of The Time of Our Lives (2009), an extended play which presented a more mainstream pop sound, and by filming The Last Song (2010), a coming-of-age drama film. The former included Cyrus's best-selling single, "Party in the U.S.A." (2009). A studio album titled Can't Be Tamed was released in 2010 and presents a new dance-pop sound. The music video and lyrics of the album's lead single, "Can't Be Tamed", portrays a more sexualized image for the entertainer. Cyrus ranked number thirteen on Forbes' 2010 Celebrity 100.^[3] For the 2011 Guinness World Records, she was named the “Most Charted Teenager” following her 29th US Billboard Hot 100 chart entry on November 7, 2009 with “Party in the USA”.^[4]

Early life[link]

Cyrus at the 2010 Academy Awards.

Cyrus was born on November 23, 1992, in Nashville, Tennessee, to Letitia Jean "Tish"^[5] (née Finley) and country singer Billy Ray Cyrus.^[6][7] Her parents named her Destiny Hope because they believed that she would accomplish great things with her life. They gave her the nickname "Smiley", which was later shortened to "Miley", because she smiled so often as a baby.^[8] Cyrus suffers from a mild heart condition causing tachycardia which, though not dangerous, is often bothersome.^[9]

Against the wishes of her father's record company,^[10] Cyrus's parents secretly married a year after Cyrus's birth on December 28, 1993.^[7][11] Tish had two children from a previous relationship: Trace and Brandi. Billy Ray adopted Trace and Brandi when they were young.^[12] She has a half-brother, Christopher Cody, Billy Ray's son from a brief relationship, born the same year as Miley; he grew up with his mother in South Carolina.^[10] Tish and Billy Ray had two more children, Braison and Noah. Cyrus's godmother is entertainer Dolly Parton.^[13] Cyrus was very close to her paternal grandfather, Democratic politician Ronald Ray Cyrus.^[14] Cyrus has paid her grandfather several tributes since his death in 2006, including eventually changing her middle name to "Ray".^[15] According to Cyrus's father, "A lot of people say Miley changed her name to Miley Ray because of Billy Ray, but that's not true. She did that in honor of my dad, because the two of them just loved each other to pieces."^[9]

Cyrus grew up on a 500-acre (2.0 km²) farm in Franklin, Tennessee, a suburb of Nashville,^[16] and attended Heritage Elementary School.^[17] She was raised Christian and was baptized in a Southern Baptist church prior to moving to Hollywood in 2005. She attended church regularly while growing up and wore a purity ring.^[18] Several of Cyrus's siblings also eventually entered the entertainment business: Trace became a vocalist and guitarist for the electronic pop band Metro Station,^[19] Noah became an actress, and Brandi became a guitarist.^[20]

Career[link]

2001–05: Career beginnings[link]

In 2001, when Cyrus was eight, she and her family moved to Toronto, Canada while her father filmed the television series Doc.^[21] Cyrus said watching her father film the show inspired her to pursue acting. After Billy Ray took her to see a 2001 Mirvish production of Mamma Mia! at the Royal Alexandra Theatre, Cyrus grabbed his arm and told him, "This is what I want to do, daddy. I want to be an actress."^[22] She began taking singing and acting classes at the Armstrong Acting Studio in Toronto.^[23] In her first role, Cyrus played a girl named Kylie on Doc.^[8] In 2003, Cyrus was credited under her birth name for her role as "Young Ruthie" in Tim Burton's Big Fish.^[24]

At age 11, Cyrus learned about the casting for what became Hannah Montana, a Disney Channel children's television series about a school girl with a secret double life as a teen pop star. Cyrus sent in a tape auditioning for the show's best friend role, but received a call asking her to audition for the lead, "Chloe Stewart".^[1] After sending in a new tape and flying to Hollywood for further auditions,^[25] Cyrus was told that she was too young and too small for the part.^[25][26] However, her persistence and ability to sing in addition to act led the show's producers to invite her back for further auditions. Cyrus eventually received the lead, renamed "Miley Stewart" after herself, at the age of twelve.^[25] During this time, she also auditioned with Taylor Lautner for the feature film The Adventures of Sharkboy and Lavagirl in 3-D and it came down to her and another actress, but Cyrus started doing Hannah Montana instead.^[27]

As Cyrus's career took off, Tish Cyrus made several critical decisions regarding her daughter's representation. She signed Cyrus with Mitchell Gossett, director of the youth division at Cunningham Escott Slevin Doherty. Gossett, who specializes in creating child stars, had arranged for Cyrus's auditions for Hannah Montana and is credited with "discovering" her.^[28][29] For Cyrus's music career, Tish followed the advice of Dolly Parton, Cyrus's godmother and a singer herself, and signed Cyrus with Jason Morey of Morey Management Group. "Dolly said the Moreys are people you can trust around your daughter," Tish Cyrus recalls, "and she said they have good morals, which is not always the case in this business."^[30] According to trade magazine The Hollywood Reporter, Parton's advice was "the best advice [Tish] could [have gotten] on who should rep her daughter."^[30] Tish also recruited Billy Ray's business manager to manage her daughter's finances. Tish herself continues to co-manage or produce many of Cyrus's career decisions.^[30] For her education, Cyrus enrolled at Options for Youth Charter Schools^[31] and studied with a private tutor on the set of her television show.^[32]

[edit] 2006–07: Hannah Montana and Hannah Montana 2: Meet Miley Cyrus

Cyrus performing on the Best of Both Worlds Tour

Hannah Montana became an instant hit and propelled Cyrus to teen idol status, according to The Daily Telegraph.^[24] The series premiered on March 26, 2006, to the largest audience ever for a Disney Channel show^[33] and soon became one of the highest-rated series on basic cable, elevating Cyrus's wealth and fame along with it.^[34] Time magazine reports that Cyrus's "phenom[enal]" success is due partially to her talent and partially to "Disney learning to use its vast, multimedia holdings" and market Cyrus and Hannah Montana appropriately.^[35] Cyrus eventually became the first artist to have deals in television, film, consumer products, and music within The Walt Disney Company.^[28]

The first single was "The Best of Both Worlds", the theme song to Hannah Montana, which was released on March 28, 2006.^[36] "The Best of Both Worlds" is credited to "Hannah Montana", the pop star Cyrus portrays on the series by the same name. As with other songs credited to Montana, Cyrus typically dressed as the character when performing the song live.^[37] Cyrus's first release under her own name was a cover of James Baskett's "Zip-a-Dee-Doo-Dah", released on April 4, 2006, on the fourth edition of DisneyMania.^[38] Dressed as Hannah Montana, Cyrus opened for The Cheetah Girls on twenty dates of their The Party's Just Begun Tour, beginning on September 15, 2006.^[39] On October 24 of same year, Walt Disney Records released the first Hannah Montana soundtrack. Of the nine tracks on the soundtrack performed by Cyrus, eight were credited to "Hannah Montana" and one, a duet with her father titled "I Learned from You", was credited to Cyrus as herself. The album peaked at number one on the U.S. Billboard 200 chart.^[40]

Cyrus and her father, Billy Ray, performing "Ready, Set, Don't Go" at the Kids' Inaugural: "We Are the Future." – January 19, 2009; Washington D.C.

The second season of Hannah Montana premiered on April 23, 2007, and ran until October 12, 2008.^[41] Cyrus signed a four-album deal with Disney-owned Hollywood Records and, on June 26, 2007, released a double-disc album. The first disc was the soundtrack to the second season of Hannah Montana, while the second, titled Meet Miley Cyrus, was Cyrus's debut album credited to her own name. The double-disc album peaked at number one on the Billboard 200^[42] and was later certified three times platinum by the Recording Industry Association of America (RIAA).^[43] Meet Miley Cyrus generated "See You Again", Cyrus's first single to be released under her own name and her first top ten hit on the Billboard Hot 100.^[44] In fall 2007, Cyrus launched her first tour, the Best of Both Worlds Tour, to promote Meet Miley Cyrus and the Hannah Montana soundtracks. With the Jonas Brothers, Aly & AJ, and Everlife as her opening acts, Cyrus toured from October 17, 2007, to January 31, 2008, with stops in the U.S. and Canada.^[45] Tickets sold out in minutes and were scalped for up to $2,500 and an average of $214, well above their $26–$65 face value.^[46] A Ticketmaster official commented, "Hell hath no fury like the parent of a child throwing a tantrum. People who have been in this business for a long time are watching what's happening, and they say there hasn't been a demand of this level or intensity since The Beatles or Elvis."^[47]

[edit] 2008–09: Breakout, transitions and film career launch

Cyrus at 2008 MTV Video Music Awards

After the end of the Best of Both Worlds Tour in January 2008, Walt Disney Pictures released Hannah Montana & Miley Cyrus: Best of Both Worlds Concert, a 3D concert film of the tour, on February 1, 2008, for what was expected to be a one-week run. The film earned over $31 million^[48] at the box-office and an average of $42,000 per theater, twice the expected total, convincing Disney executives to extend the release for an indefinite run. "We don't want to turn away kids from the theaters who couldn't get into the concerts," said Chuck Viane, Disney's chief of distribution.^[49] The film's soundtrack was released by Walt Disney Records/Hollywood Records on March 11, 2008, and peaked at number three on the Billboard 200.^[50]

On July 22, 2008, Cyrus released her second studio album under her own name, titled Breakout. Cyrus said Breakout was inspired by "what's been going on in my life in the past year."^[51] Cyrus co-wrote eight out of twelve songs on the album.^[51] "Songwriting is what I really want to do with my life forever, [...] I just hope this record showcases that, more than anything, I'm a writer."^[52] The album debuted at #1 on the U.S. Billboard 200 chart^[53] and its lead single, "7 Things", peaked at number 9 on the Billboard Hot 100.^[54][55] She hosted the 2008 CMT Music Awards with her father in April^[56] and the 2008 Teen Choice Awards by herself in August.^[57] Cyrus provided the voice of Penny in the 2008 computer-animated film Bolt, which was released on November 21, 2008, to critical acclaim.^[58] Cyrus also co-wrote and recorded the song "I Thought I Lost You" as a duet with John Travolta for the film, for which she received a Golden Globe nomination.^[59] In September 2009, she participated in the charity single "Just Stand Up!" in support of the anti-cancer campaign Stand Up to Cancer^[60] and in the City of Hope Benefit Concert in support of cancer research and training programs.^[61] She also became involved in Disney's Friends for Change, an environmentalist group, for which she recorded the charity single "Send It On" along with several other Disney Channel stars.^[62]

Cyrus performing on the Wonder World Tour

Cyrus had already begun transitioning to a more grown-up image in late 2008, when her representatives negotiated a deal for novelist Nicholas Sparks to write the screenplay and novel basis for a film that would serve as a star vehicle for Cyrus by introducing her to audiences older than the young fans she had gained through Hannah Montana.^[63] Sparks and co-writer Jeff Van Wie developed The Last Song.^[63] It was important to Cyrus that she not be type cast as a singer: "I didn't want to be a singer in another film. I don't want to do that anymore. You have no idea how many musicals show up on my door. I want to do something a little more serious."^[64] In March 2009, Cyrus published Miles to Go, a memoir co-written by Hilary Liftin chronicling her life through age sixteen.^[65] Cyrus starred as Miley Stewart/Hannah Montana in Hannah Montana: The Movie, released April 10, 2009. Both the film and its soundtrack, which contained twelve songs performed by Cyrus,^[66] achieved commercial success.^[67][68] The soundtrack's lead single, "The Climb", became a Top 40 hit in twelve countries^[69] and introduced Cyrus to listeners outside her typical teen pop audience.^[70] Cyrus had considered ending Hannah Montana after its third season, which finished production on June 5, 2009,^[71] but Disney retained and exercised its option for a fourth season.^[72]

Production on The Last Song lasted from June 15, 2009, to August 18, 2009.^[73] In between, Cyrus launched the third Hannah Montana soundtrack, recorded the extended play The Time of Our Lives (EP), and released the EP's lead single, "Party in the U.S.A."^[74] Cyrus said The Time of Our Lives "is a transitioning album. [...] really to introduce people to what I want my next record to sound like and with time I will be able to do that a little more."^[75] "Party in the U.S.A." debuted at number two on the Billboard Hot 100 for her best-ever ranking on the chart.^[76] The Time of Our Lives was released in conjunction with a clothing line co-designed by Cyrus and Max Azria for Walmart.^[77]

From September 14, 2009, to December 29, 2010, Cyrus toured on her Wonder World Tour to promote Breakout and The Time of Our Lives.^{[citation needed]} On December 7, 2009, Cyrus performed for Queen Elizabeth II and numerous other members of the British Royal Family at the Royal Variety Performance in Blackpool, North West England.^[78]

[edit] 2010–2011: Can't Be Tamed, focus on film career, and Gypsy Heart Tour

Cyrus at 2010 MuchMusic Video Awards soundcheck.

Production on the fourth and final season of Hannah Montana began on January 18, 2010.^[79] In the aftermath of the 2010 Haiti earthquake, Cyrus appeared on the charity singles "We Are the World: 25 for Haiti" and "Everybody Hurts".^[80][81] Her third studio album, Can't Be Tamed, was released on June 21, 2010. The album's first single is the title track, "Can't Be Tamed". The single was released for sale on May 18, 2010, and entered the Billboard Hot 100 at number eight.^[82] Cyrus's costumes and dances while promoting Can't Be Tamed were also considerably more provocative than previous performances, arousing media criticism.^[83] After releasing the album, Cyrus intends to take a break from the music industry in order to focus on her film career.^[84] She commented, "I've not taken, like, acting lessons or anything, but it doesn't mean I don't need to because I'm sure I do [...] I'm probably going to go book an acting coach."^[85] Cyrus has also decided to opt out of college for the same reason, saying "I'm a firm believer that you can go back at any age you want, because my Grandma went back to college at 62 [...] For right now, I really want to focus on my career. I've worked hard to get to where I am now, and I want to enjoy it while it lasts."^[86][87][88]

Cyrus starred in The Last Song, which was released on March 31, 2010, and received generally poor reviews, as did Cyrus's performance.^[89] Nonetheless, the film was commercially successful, grossing more than $88 million at the worldwide box office.^[90] According to box-office analyst Exhibitor Relations, the film marked "a successful transition to adult roles for Miley Cyrus."^[91] The fourth and final season of Hannah Montana began airing on Disney Channel on July 11, 2010, and was ended on January 16, 2011.^[92] Cyrus filmed two more films, LOL: Laughing Out Loud and So Undercover in 2010. In LOL, a remake of a 2008 French teen film of the same name, Cyrus plays "a daughter who is involved with all the wrong kids, doing drugs, failing school, but [...whose] mother has her on this perfect pedestal" and says "[She] just fell in love with the story."^[93] Cyrus' character loses her virginity, smokes cannabis, gets wasted and kisses two girlfriends on the lips.^[94] She will also star in So Undercover, an action comedy film. Cyrus will play the part of "a tough, street-smart private eye hired by the FBI to go undercover in a college sorority."^[95] She learned street fighting for the role.^[95]

Despite her earlier announcement that she'd be focusing more on acting in the future, in February 2011, Cyrus confirmed she had no films lineup and was going to go on tour.^[96] On April 29, 2011, Cyrus embarked on her international Gypsy Heart Tour in South America and ended the tour on July 2, 2011, in Australia. Cyrus hosted Saturday Night Live on March 5, 2011, where she performed in several sketches. She also sang a brief song about her several controversies, such as the bong incident, the photo of her friend and she eating a Twizzler, and the "pole dance" on a hotel pole at the Teen Choice Awards, stating "I'm sorry that I'm not perfect."^[97][98] In March 2011, father Billy Ray Cyrus confirmed on talk show, The View, that Cyrus had been in talks with producer Dr. Luke on a new album.^[99] In July 2011, it was announced that she would record her fourth studio album and she has no plans to sign onto any other film projects.^[100] However, it was reported on August 2, 2011, by Contact Music that Cyrus has signed on to star in a comedy in which she plays a woman who broke a promise to God.^[101]

Cyrus released on YouTube a remix of her song "Liberty Walk" in November 2011, dedicated to the Occupy movement, which she referred to as, "the thousands of people who are standing up for what they believe in."^[102]

[edit] 2012–present: LOL, So Undercover, and focus on music career

LOL came out on May 4th

In January 2012, it was announced that Cyrus would be on Punk'd. Cyrus would be on the show alongside friend and co-star in her new film So Undercover, Kelly Osbourne. Cyrus and Osbourne on an episode of the show would punk reality star and TV personality Khloé Kardashian Odom. They punk Khloe by having a young food delivery man pretends to get his family jewels caught in his zipper while using Miley's bathroom.^[103][104]

On January 24, the album Chimes of Freedom: Songs of Bob Dylan Honoring 50 Years of Amnesty International was released in honor of Bob Dylan, Cyrus covered Dylan's song "You're Gonna Make Me Lonesome When You Go" from his 15th studio album Blood on the Tracks, in which she also made a music video.^[105] Cyrus's version of the song earned positive reviews from music critics.^{[106][107][108]}

In February, Cyrus dropped out of the animated comedy Hotel Transylvania, in which she was meant to play the role of Mavis, the daughter of Dracula who is voiced by Adam Sandler, the movie also stars Andy Samberg, Kevin James, Fran Drescher, and David Spade.^[109] It was later announced that she will be replaced by fellow Disney star and friend Selena Gomez.^[110] She later announced that she dropped out of the film because she wanted to work on her music this year.^[111][112]

Earnings[link]

In 2008, Cyrus earned $25 million, up from her earnings of $18 million in 2007, and was ranked number 35 on Forbes magazine's "Celebrity 100" list.^[113] Parade magazine reported she was the richest teenage celebrity and that her franchise would be worth approximately $1 billion by the end of the year.^[114] In 2009, Forbes ranked her #29 on the Celebrity 100 and reported she had earned a total of $25 million.^[115] Then Cyrus got ranked number thirteen on Forbes' 2010 Celebrity 100 ranking $48 million.^[3] From the $48 million she made between June 2009 to June 2010 made her the no. 4 highest earners under 30 and the youngest on the list.^[116] between June 2010 and June 2011, Cyrus earned $54 million.^[117]

From working on Hannah Montana, Cyrus got paid $15,000 per episode she did on the hit show, making her the 6th highest paid child star on television behind fellow Disney stars Dylan and Cole Sprouse and Keke Palmer with $20,000 for their shows. Also, she is behind friend and Disney star Selena Gomez that makes $25,000 per episode of her show, Nick star Miranda Cosgrove with $180,000 per episode of her show, and one time co-star Angus T. Jones that got paid $250,000 for each episode of his show.^[118] Though she had not got paid as much as other Disney stars,when she was 17 she was named #19 on the "Top 20 World's Richest Female Singers Of All Time" list with over $100 million in 5 years active throughout her career, which made her the youngest female artist on the list.^[119] In 2011, she was named #1 on the "Top 10 Richest Teens in Hollywood" with $120 million.^[120]

Personal life and image[link]

Cyrus on the Red Carpet at VH1 Divas 2009

A Christian, she was baptized in a Southern Baptist church in 2005.^[121]

In February 2008, Cyrus and her friend Mandy Jiroux opened a YouTube account and began posting videos of what they called The Miley and Mandy Show. The show, described as a "YouTube hit," is said to be filmed for fun by Cyrus and Jiroux and to be entirely their work, with Cyrus and Jiroux editing the footage together.^[122]

With Cyrus's increased success came increased media attention. In a May 2008 interview with The Los Angeles Times, Francois Navarre, the proprietor of the X17 photo agency, said Cyrus's market value had picked up considerably after the Vanity Fair photo controversy: "She's started to sell more. [...] It used to be $300, and now it's $2,000 for a picture."^[123] Estimates for a picture of the then-15 year old's first kiss ranged from $30,000 to $150,000.^[123] Navarre noted that Cyrus rarely behaved against her wholesome image or went out without a parent and stated, "She has people waiting for the moment she starts to be less traditional. [...] It's natural. Any teenager. But it's going to come very fast. [...] As soon as her mom lets her go out by herself. It's going to start to be interesting."^[123] Time magazine included her on the 2008 Time 100, the magazine's list of the 100 most influential people in the world. Her write-up was written by former child star Donny Osmond, who warned, "As an idol to tweens the world over, singer-actress Miley Cyrus, 15, is riding a huge tidal wave at the pinnacle of her career; this is as it should be. I hope she enjoys it. [...] Within three to five years, Miley will have to face adulthood. [...] As she does, she'll want to change her image, and that change will be met with adversity."^[124]

Cyrus celebrated her 16th birthday at Disneyland with a charity fundraiser for Youth Service America, a youth volunteer service organization.^{[125][126][127]}

In June 2009, Cyrus ended her nine-month relationship with model Justin Gaston shortly before flying to Georgia to film The Last Song.^[128] While filming later that month, Cyrus began dating her co-star in The Last Song, Australian actor Liam Hemsworth.^[129] She later called him her "first serious boyfriend".^[130] In August 2010, it was confirmed that her relationship with Hemsworth had ended.^[131][132] Cyrus and Hemsworth were seen together a month later, and were reportedly back together.^[133] It was announced in early November that the couple had split again.^[134] They have since rekindled their relationship.^[135]

At the end of 2009, Billboard magazine ranked Cyrus the fourth best-selling female artist^[136] and the fifth best-selling singer overall.^[137] Also in 2009, at the age of sixteen, she became the youngest artist to have four number one albums on the charts.^[138]

Controversies[link]

Cyrus performing at the Kids Inaugural: We Are the Future concert in 2009.

In December 2007, a brief controversy emerged when photos Cyrus had posted on her private MySpace account, depicting her and a female friend sharing a piece of licorice and "almost kissing", were spread across the internet, prompting rumors of lesbianism. Cyrus comments, "For me, I was like, That's two girls—it's not a big deal. But they got spread around. Like someone copied and pasted and said, Omigod, look at this, and blah blah blah."^[139]

In April 2008, several provocative images of Cyrus in her underwear and swimsuit were leaked onto the web by a teenager who hacked Cyrus's Gmail account.^{[140][141][142][143]} Cyrus described the images as "silly, inappropriate shots" and stated, "I am going to make mistakes and I am not perfect. I never intended for any of this to happen and I am truly sorry if I have disappointed anyone."^[144][145] On April 25, 2008, the televised entertainment program Entertainment Tonight reported that Cyrus, then 15, had posed topless for a photoshoot taken by photographer Annie Leibovitz for Vanity Fair.^[146] On April 29, 2008, The New York Times clarified that though the pictures left an impression that she was bare-breasted, Cyrus was wrapped in a bedsheet and was actually not topless.^[147] Some parents expressed outrage at the nature of the photograph, which a Disney spokesperson described as "a situation [that] was created to deliberately manipulate a 15-year-old in order to sell magazines." Gary Marsh, president of entertainment for Disney Channel Worldwide, was quoted by Portfolio magazine to have said, "For Miley Cyrus to be a 'good girl' is now a business decision for her. Parents have invested in her a godliness. If she violates that trust, she won't get it back."^[147] In response to the Internet circulation of the photo and ensuing media attention, Cyrus released a statement of apology on April 27, 2008: "I took part in a photo shoot that was supposed to be 'artistic' and now, seeing the photographs and reading the story, I feel so embarrassed. I never intended for any of this to happen and I apologize to my fans who I care so deeply about."^[147] Leibovitz also released a statement: "I'm sorry that my portrait of Miley has been misinterpreted. The photograph is a simple, classic portrait, shot with very little makeup, and I think it is very beautiful."^[147][148]

In May 2008, Gossett, Cyrus's longtime acting agent, left Cunningham Escott Slevin Doherty for United Talent Agency, partially with the hope of "giving Cyrus the major-agency backing that would support a widening career", according to The Hollywood Reporter.^[30][149] About a year later in June 2009, Cyrus left both Gossett and UTA, which had recently negotiated her deals for The Last Song and the fourth season of Hannah Montana, and joined the Creative Artists Agency, which had already represented her for music.^[150] Nikki Finke, who broke the news, reported, "Is this fair to UTA? Of course not. But I hear the decision was made by Miley's mother Trish [sic] Cyrus".^[151]

Cyrus performing during the Wonder World Tour, in 2009.

Cyrus's performance of "Party in the U.S.A." at the 2009 Teen Choice Awards incited a media uproar, with some viewers criticizing Cyrus's provocative outfit and inclusion of a brief pole dance as inappropriate for her age, then sixteen, and for her young fans.^[152][153] Conversely, Newsday reported that her sexualization "has been coming for some time."^[154] Ian Drew, senior editor of US Weekly, said, "She already has this risque image, so it really wasn't much of a stretch. That's how Britney [Spears] took off. She was the good girl gone bad, and it looks to be working for Miley as well."^[154] Cyrus was also criticized that year for dating Gaston, five years her senior,^[155] and for a photo displaying Cyrus and friends making "slant-eyed" expressions, which the Organization of Chinese Americans claimed was offensive to the Asian community.^[156] Cyrus apologized for the photo on her website, defending her actions and saying, "In NO way was I making fun of any ethnicity! I was simply making a goofy face."^[157]

Later in 2010, TMZ released a video of Cyrus, then 16, giving Adam Shankman, producer of The Last Song, a lap dance at the film's wrap party.^{[158][159][160]} Cyrus's father defended her actions, saying Miley was just "having fun" and that "it's what people her age do".^[161] Later that year in December, TMZ released a video of Cyrus, which took place five days after her 18th birthday at her Los Angeles home, in which she is seen smoking from a bong. She claimed she was smoking the psychoactive plant salvia divinorum, although this has not been confirmed by anybody but Cyrus herself.^{[162][163][164]} Salvia is legal in the state of California, and Cyrus was of legal age at the time the video was shot.^[165] Cyrus's father expressed his sadness regarding the matter on Twitter, saying, "Sorry guys. I had no idea. Just saw this stuff for the first time myself. I'm so sad. There is much beyond my control right now".^[166][167]

In a video obtained by The Daily, taking place at Cyrus' 19th birthday party at the Roosevelt Hotel in Los Angeles, Cyrus went to the microphone and addressed the crowd. Immediately after her Bob Marley-themed birthday cake had been brought out, Cyrus said, "You know you're a stoner when your friends make you a Bob Marley cake. You know you smoke way too much f****n' weed."^[168] One week later, Cyrus' representative stated that Cyrus was just being a "smart-ass" and that the Bob Marley cake had just been an "inside joke" with Cyrus and her friends, as Cyrus' friend, Kelly Osbourne had been calling her "Bob Miley" since Cyrus' 2010 salvia incident.^[169]

Filmography[link]

Discography[link]

Studio albums[link]

• Meet Miley Cyrus (2007)
• Breakout (2008)
• Can't Be Tamed (2010)

Extended plays[link]

• The Time of Our Lives (2009)
• iTunes Live from London (2009)

Live albums[link]

• Best of Both Worlds Concert (2008)

Soundtracks[link]

• Hannah Montana (2006)
• Hannah Montana 2 (2007)
• Hannah Montana: The Movie (2009)
• Hannah Montana 3 (2009)
• Hannah Montana Forever (2010)

Tours[link]

• Best of Both Worlds Tour (2007–08)
• Wonder World Tour (2009)
• Gypsy Heart Tour (2011)

Awards and nominations[link]

See also[link]

	Book: Miley Cyrus
Wikipedia books are collections of articles that can be downloaded or ordered in print.

References[link]