The Daily Show today had to be one of the most awkward interviews I've ever seen.
Crash course on the background: Jon Stewart made some glib remark about CNBC cheerleading the housing bubble, contributing to the hullabaloo, not seeing the impending doom and certainly not doing any investigative reporting or watch dogging about short selling, phantom shares, and all that jazz that contributed to the collapse of some banks, and the market as a whole.
Haha, stupid media.
Then CNBC (and particularly that Mad Money guy (you know: Jim Cramer, the yelling gesticulating 'buy buy buy' guy)) took offense and lobbed some insults back and Stewart. Who skewered them back (Cramer took the attack on his network, which included him, quite personally and went on a crusade or something in the media). So tonight Stewart had Cramer on the show.
Here's what happened:
Clip 1
Clip 2
Clip 3
I have trouble making it through the whole thing it's so awkward. Basically Stewart calmly rips every excuse Cramer had apart and then really exposed what a shady character he was and how he had his hands deep in the jam pot. (Bragging about doing the short selling that he claimed to be crusading against for starters)
Ick.
I think I'm going to stick with the mattress for my money...
Friday, March 13, 2009
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