Jim Cramer embarassed on Daily Show (3/12)

For those who haven't heard, Jon Stewart has been taking the folks at CNBC to task of late for their misguided guidance in advance of the stock market collapse. Among his foils has been Jim Cramer, who advised viewers of the stability of Bear Stearns and Merrill just days before they collapsed. Well, to his credit, Cramer is scheduled to be a guest on the Daily Show tonight. It should be interesting.

Edited to rename thread.

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Updated On: 3/13/09 at 12:48 PM

technically, mb, cramer advised someone that their accounts at bear stears were safe, which they were and are. there's a difference. to do otherwise would have risked causing a run on the bank as anyone watchingt he show would have rushed to pull their money from their accounts at bear stearns.

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you've got video of that right?

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eh, it doesn't make me want to knock out stewart's teeth any less.

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Why is my dvr not recording The Daily Show all week? It's set to only record first run episodes. Was there a change in scheduling? grrrr, Have they been new all week?

I did.

It was PAINFUL.

I spent most of the interview staring anywhere but at the screen: I could not bear watching Stewart DESTROY Cramer like he did. And Cramer was DESTROYED. There is nothing more painful - that I can remember - than Cramer arguing a point, and Stewart interrupting him with a direct video that cuts Cramer off at the knees.

This is what I love about Stewart: he's smart. He knows enough of what's going on out there, and, if given the opportunity, he will NOT BACK DOWN. And because the show is, generally, so goofy, the moments of seriousness hurt even more.

I don't see how Cramer is going to pull himself out of this.

PS. The only thing that irritated me: I think Stewart can be a little TOO passionate at times. I wish he'd let Cramer talk a little more.

PSS. One of my favorite serious moments on the show - besides Stewart's 9/11 speech - was his wrapup on Bush's final press conference:

BUSH: (from a clip) -but I know I gave it my all, and I did not sell my soul for the sake of popularity.

STEWART: (tense) You didn't need to. (pause) You sold ours.

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Updated On: 3/12/09 at 11:51 PM

You can ge to the full unedited, uncensored video from the link below. If you're at work, be aware that there are some f-bombs.

http://www.huffingtonpost.com/2009/03/12/jim-cramer-on-daily-show-_n_174503.html

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Actually, towards the end, it seems that Stewart was trying to back off of the complete vilification of Cramer, indicating that he was the only one with the guts to respond.

Cramer could come back as a changed man - someone who does work to hold CEO's accountable. If he takes this as a chance to embrace a new persona that reflects today's market, it would be interesting.

Ouch that was one of Stewart's best interviews that I've seen.

"I understand you want to make finance entertaining, but it's not a f****ing game!"

Not the most fun episode to watch considering he really does tear him apart, but I'm just glad Stewart took him to task. I love it when others underestimate him because he's on Comedy Central and makes people laugh. I remember when he went on Hardball he pulled a similar number.

I really had my hopes up for getting home tonight and watching Cramer be "destroyed" and "eviscerated." It was a bit of a letdown. Also, Cramer needs to rethink his look.

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