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Jon Stewart schools Jim Cramer and CNBC (Videos)

Published on March 13, 2009 at 12:08 PM

You have to hand it to Jon Stewart, he can take off the kiddie gloves when he has a bee in his bonnet. The feud between Stewart and CNBC as a whole has been going on for some time, but it hit a boiling point when the financial crisis hit. It was especially obvious in his criticism of ‘Mad Money’ hack Jim Cramer. Which is why I was thrilled to find out he was going to be interviewed on the show.

It interview started off gentle enough, with Jon actually appearing apologetic for the way that Cramer himself has been attacked, saying that is wasn’t actually a personal reflection on the man himself. Cramer, for his part, seemed eager to talk about how much he loved the show, and he seemed more then a bit nervous to be there.

But the humor didn’t last long, and in fact it became a hard hitting expose that ended up using Cramer’s own clips to drag him through the mud.

“I understand that you want to make finance entertaining, but it’s not a f***ing game,” Jon said, speaking about the way the sober, informative, and frankly corrupt Cramer on the clips appeared next to the ridiculous over-the-top persona he portrays on his actual show.

“I can’t reconcile the brilliance and knowledge that you have of the intricacies of the market with the crazy s*** I see you do every night,” he continued.

The clips themselves were of Cramer discussing the various dubious (and borderline illegal) tactics that he himself has used to make a quick buck, tactics that Cramer had sworn moments before he had never used.

He also frequently referred to ‘shenanigans’ during the course of the interview, agreeing with Stewart in a much more passive way then any of those watching would have been prepared to expect.

All in all, I have to give this battle over to Jon Stewart, who said it best when he responded to Cramer’s claims that all the tactics he had spoken about, all of the bad financial decisions he had helped to fuel, and all the lies from execs that had been on his show were really not his fault, and that he wished he had done more:

“It’s easy to get on this after the fact.”

http://www.telegraph.co.uk/news/worldnews/africaandindianocean/southafrica/4982520/Lesbians-subjected-to-corrective-rape-in-South-Africa.html

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