In an interview yesterday with Stewart (Martha), Jim Cramer, discussing his upcoming interview with Stewart (Jon)—aka, per a cover story in USA Today, “one of the most intriguing, and potentially important, interviews of the week”—admitted, “I’m a little nervous. How bad is it gonna be? Is he gonna kill me?”
Dear Jim: Really, really bad. And: Yeah, pretty much. (The Twitter hashtag for the event? #fcu: Fuck Cramer Up. Indeed.)
(The extended version—even more awkward—is available here.)
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We can’t blame anyone for the financial crisis we are in right now. But as person who are seen mostly on the t.v., we must give responsible statement on our situation. Jon Stewart gets headlines. Jon Stewart is already one of the most popular sources for the interpretations of news headlines that people turn to. Recently he went after Jim Cramer, the former hedge fund manager and financial analyst on CNBC’s Mad Money, an investment show about what to put your money into on Wall Street. Stewart pilloried Cramer last week, along with the CNBC network or NAMBLA, as being ignorant or at worst complicit with the various Wall Street shenanigans of the last few years. He pointed out that certain firms had taken on too much debt because their practices were making short term profits – at least, until the collapse. An unflinching desire to take people to task is part of what makes Jon Stewart an American icon.
#1 Posted by Jackson V., CJR on Thu 19 Mar 2009 at 03:19 AM