Cramer to Advise CEO at TheStreet.com:

TheStreet.com Inc. said co-founder and hedge fund manager James Cramer will become an advisor to Chief Executive Thomas Clarke. Cramer will join the financial news Web site in the nonoperational role next month, the company said. Cramer, 45, founded his hedge fund, Cramer Berkowitz & Co., in 1987. Cramer said this week that he’s leaving the $400-million fund at the end of the year so he can focus on writing and spend more time with his family.