Jon Stewart v. Jim Cramer: Blow by Blow
In the event you have been living under a rock for the last week or so, Jon Stewart of "The Daily Show", has been skewering CNBC recently. For those of you that don't know, Jon Stewart is a comedian who has made a living with, as he calls it, "a fake news show". The reasons he says he called out CNBC is that a) they have been cheerleaders as Wall Street ran amok and b) failed to ask hard questions for fear they would lose access to insiders.
Stewart often lets his political leanings be well known on his show, but in my opinion that's not not a big deal because he doesn't pretend to have a real news show. He's a comedian, a very popular one, but a comedian none-the-less. Anyways, below is: 1) the video that started this all in motion, 2) Stewart piling on, 3) Cramer's retort, and 4) Cramer's appearance on the Daily Show.
I'd be interested to hear what other people think. Was Stewart unfair in taking CNBC to task? Was CNBC out of line? Did the Cramer interview live up to the hype?
Link to Full Interview
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