Jon Stewart was at his absolute best last night when he interviewed Jim Cramer about the role that CNBC and Cramer's show played in the economic collapse of the United States. The interview starts about 5:00 minutes into the show. By the way, this is a very serious Jon Stewart asking questions about the "shenanigans" of corporate America, not Stewart as a comedian.
The whole CNBC vendetta started becuase Cramer's colleague at CNBC cancelled his appearnace on the Daily Show at the last minute (I thought people would have learned their lesson on this one when John McCain did it to Letterman).
So Rick Santelli cancels and Jon Stewart goes after him on his show for calling home owners who overextended themselves with mortgages, "losers". Stewart illustrates how CNBC are either clueless or in cohoots with Wall Street by showing, among other things, clips of Cramer talking up the banks days before their stock prices tank.
Now it has become all about Cramer, who quite frankly was an embarrasment last night. I bet he wishes he had just slithered away and not started slagging Stewart off on various NBC programs. Hopefully, he goes the way of Tucker Carlson after his joust with Jon Stewart a few years back.
Wouldn't it be great if Ann Coulter agreed to appear on the Daily Show. I would pay to see that.
Yeah, even though I cringe every time I listen to Ann Coulter, I would like to see her with Jon Stewart. By remaining calm and reasonable with even the most unreasonable guests, Stewart tends to disarm/confuse quite a few of his guests.
Coulter and Bill Maher are debating as part of a speaker series, "The Minds that Move the World". I wish that the organizers would have asked Stewart because I think that his mind moves the world more than Maher's does!
Seems the NYT is invoking the "no publicity is bad publicity" philosophy.
Whichever way you look at it, Cramer looked incoherent, dishonest and totally awkward. Can't imagine how the performance is going to do anything for his career.
Perhaps his ratings will go up based on the people who tune into to use his stock tips as a guide on what not to buy
Yeah, I don't think that I'll ever turn the channel to CNBC again. Well, except to watch Jay Leno and maybe the evening news , but I'm definitely not going to take their financial advice for anything.
I couldn't agree more! I really don't understand how the author of the NYT article expects Cramer to "have the last laugh". Cramer's performance reminds me of the scene in The Wizard of Oz where we learn that the little man behind the curtain has been passing himself off as the all powerful and knowing Wizard.
Jim Cramer behaved like a scolded child receiving a rollicking from his angry father. I did expect him to lose all the points, but not while being overtly obsequious and apologetic. In his defence, Jon Stewart rarely dons his Crossfire attire and that might have been a surprise to the defenceless Mad Money host.