Jon Stewart's epic rant against CNBC and its anchors and commentators, including Jim Cramer, burned up the internet last week. Not surprisingly, there's been some fallout. The "Mad Money" host claims that Stewart took a clip out of context, purporting to show that Cramer was recommending investors buy Bear Stearns stock a week before the company went under. On the "Daily Show" last night Stewart conceded that may have been the case, except for one little thing. Cramer actually did recommend investors buy Bear Stearns stock two weeks before the company went under. Oops.
Cramer has his back up and is making the rounds defending his show and his reputation as a stocks swami. He was on the "Today" show this morning where he dismissed Stewart as just a "comedian." But he was asked about the Bear Stearns recommendation and he's forced to do some serious deflecting.
thank you john stewart..it takes a comedian to do some real newspaper work..how sad..
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PCL
3:27PM Mar 10th 2009
Nobody messes with Jon!! For the truth--FAKE NEWS RULES!!!!
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Debra S.
4:44PM Mar 10th 2009
Cramer, Suze Orman, the whole lot are worthless. No one said out loud what was coming, if they knew anything at all. Jon Stewart is to be commended once again for speaking truth ... through comedy and satire!
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person
5:27PM Mar 10th 2009
Cramer would be better off laughing about the Jon Stewart stuff- he just looks like an ass trying to deny saying things that were captured on video.
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Larry
5:55PM Mar 10th 2009
The whole house of cards was collapsing and none of these genius's saw it comming? Do you find it strange that both Santelli and Cramer bailed out of their jobs in the financial sector giving up millions to go on TV to work for penunts? Those bastards saw it all collapsing and bailed out. I trust NO ONE who worked in the finacial sector.
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Winston Smith
6:04PM Mar 10th 2009
Cramer should go on Jon Stewart's show and talk about their differing opinions. As is...Cramer looks like a beaten man. Wimps...like Santelli...can talk the talk...but, when called out on it...run away and hide.
BTW: it's amusing that Cramer refers to Stewart as being a "comedian"...when all Cramer is..is a SHRILL for Wall Street. What's the difference ?
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Roy
6:22PM Mar 10th 2009
Stewart can fault Cramer, but even Warren Buffet misread what was going to happen to the stock market. B-H is down about 50%. Obama isn't helping things with his machine-gun approach to solving everything, but the financial problems. And, he should tell Nancy and Harry to take their omnibus bill and shove it, (but probably hasn't got the cajones)....!!
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bob
10:38PM Mar 10th 2009
Hard to pick a favorite here. Both of them ride home in the clown car when the day is done.
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Voice of Reason
10:45PM Mar 10th 2009
you tell'm Jon!
those CNBC Wall Street pampered puppies are crying in their Cosmopolitans...boo hoo
j/k...i like Cramer...but he is simply out of line
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FLVOTER
10:54PM Mar 10th 2009
I have always thought that Cramer is a bit strange. There is something about him that I do not trust. He comes across as a bully...like someone who believes that he is always correct.
GOD BLESS AMERICA!
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PCL
11:45PM Mar 10th 2009
FLVOTER: Ever notice that when he is talking, and not hollering, his confidence doesn't seem as strong? It is a little weird.
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PCL
11:46PM Mar 10th 2009
bob, Yeah, but for Jon that's okay--he's a comedian.
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FLVOTER
11:51PM Mar 10th 2009
Yes PCL! I find it hard to believe what he says... just this gut feeling thing. I guess that he comes across more as a wanna be entertainer, rather than someone with real information or opinions to share.
GOD BLESS AMERICA!
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gloombergnews
2:34PM Mar 11th 2009
Stewart/Colbert/Cramer Nation,
THE ORIGINAL FIGHT NIGHT!
Here is a Promo Poster/Image I made for Thursday's showdown! Hopefully Cramer or Stewart will see this and use it on Wednesday to promote the show!