Cramer:

N E W  Y O R K,  Aug. 24 -- I am banking on Les Moonves and Mel Karmazin and Sumner Redstone with this Viacom buy down that we are doing. I don’t care that Survivor is over. The only reason to watch it was the TSC commercial and that was over early!

Karmazin and Redstone are two totally bankable souls. But here’s something you don’t know about Moonves: The man loves football and is virtually unbeatable in Rotisserie League competition. I ought to know. Les’ Jets clubbed my Eagles a decade ago, but good. Really whupped me. He is a fighter and a scrapper and he will have more Survivors. (Maybe I will have to go down to Australia and try out for the next one. I am a known consensus builder. Hoo-hah!)

Many e-mailed me about selling Viacom into Survivor. Great, I live at 65 to 66 on the B stock. Hit me!

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Viacom and Yahoo!. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks.