Jon Stewart Brings Down Jim Cramer
March 13, 2009 by ryan · Print This Article
Jon Stewart Interview with Jim Cramer -Not often does a fight live up to the hype, but it most certainly did last night on the Daily Show as Jon Stewart hammered Jim Cramer last night in a much anticipated meeting between the two “entertainment” hosts. What has been built as “war of the words” over the past two weeks went into full blown Defcon 1 as Jon Stewart repeatedly chastised the “Mad Money” host for putting entertainment above journalism.
Once Cramer came out for the interview, Stewart wondered: “How the hell did we get here?” Cramer, his sleeves characteristically rolled up, said he was a “fan of the show.” But the humorous tone quickly changed as Jon Stewart hammered on the unethical behavior of Jim Cramer and the manipulation of stocks via his TV program and the loose teachings of how to legally take advantage of the markets and among other unethical trading to fly under the radar of SEO’s guidelines on short selling stocks.
Jon Stewart had clip after clip of documented footage of Jim Cramer speaking about the duplicity of the market. “Roll reel 210″, “Roll reel 211″, “Roll reel 212″ Jon repeated as he lambasted Jim Cramer and his manipulation of the markets. In case you missed last night’s showdown, I’ve included the hightlights below:
Interview Part 1
The Daily Show With Jon StewartM – Th 11p / 10c
For his part, Cramer disagreed with Stewart on a few points, but mostly acknowledged that he could have done a better job foreseeing the economic collapse: “We all should have seen it more.”
Cramer said CNBC was “fair game” to the criticism and acknowledged the network was perhaps overeager to believe the information it was fed from corporations. Jim went on to blame most of everything on being lied to by the CEO’s of the companies he was touting or had interviewed.
“I, too, like you, want to have a successful show,” said Cramer, defending his methods on “Mad Money.” He later added: “Should we have been constantly pointing out the mistakes that were made? Absolutely. I truly wish we had done more.”
Cramer insisted he was devoted to revealing corporate “shenanigans,” to which Stewart retorted: “It’s easy to get on this after the fact.” Come on Jim! Aren’t you supposed to be an expert- I thought you would know better harped Jon Stewart?
Interview Part 2
The Daily Show With Jon StewartM – Th 11p / 10c
At one point, Cramer sounded the reformed sinner, responding to Stewart’s plea for more levelheaded, honest commentary: “How about I try that?” said Cramer. “I’ll do that.”
Interview Part 3
The Daily Show With Jon StewartM – Th 11p / 10c
By the end, the two-segment interview went far beyond its allotted time. Comedy Central said the on-air version would be cut by about eight minutes, though the entire interview would be available unedited at the DailyShow.com. Just in case you missed it please do me a favor and watch this segment in its entirety as upon viewing you will hope to hell that you never see Jim Cramer on TV again. Jim Cramer is finished after this invterview. No doubt about that and will be banished from TV, as I can’t see any network taking a chance on him after this lambasting, and rightfully so. Good riddance to Jim Cramer and his Mad Money. Now how about an indictment please.
For the full Jon Stewart Daily Show Interview visit DailyShow.com
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Crazy to think that our investigative journalism has to come from a “stand up comedian” and the Comedy Channel. I can’t believe Jim Cramer had the nerve to even come on his show. I knew that guy was greasy, but this sounds more criminal. I think Jim is finished. Nice work Jon!
Jon did a great job and was obviously prepared. To Jim’s credit, he took his lumps and didn’t lose his temper. We all have to realize that it’s show business and mad money is 50% facts & information and 50% entertainment.
Jon stewart proposed to his future wife through a personalized crossword puzzle created with the help of Will Shortz