Jim Cramer to Appear on The Daily Show | 03/11/2009 10:00 am
Cramer, Stewart to Face Off on 'The Daily Show' Thursday (Video)
'The Daily Show'
CNBC’s Jim Cramer will be appear on the Viacom-owned "The Daily Show" this Thursday to debate his latest arch-nemesis, Jon Stewart.
In recent months Stewart has been having a field day by taking aim at the "The Mad Money" host for his poor market predictions and "variety show" antics.
On Tuesday "The Daily Show" focused on Cramer’s self-defense blitz on some NBC-related properties — from NBC’s "Today" to MSNBC’s "Morning Joe." Stewart found the inter-company rotation particularly interesting, and remarked, "If I picked on CNBC, Cramer would take it personally and get the whole NBC family involved. Don’t mess with the Peacocks!" Stewart fired back by enlisting the help of characters in his partnered Viacom properties — including Nickelodeon’s "Dora the Explorer" and Lauren and Heidi from MTV’s "The Hills."
Watch below a clip of Stewart’s ‘network’ attack, dubbed "Cramer vs. Not Cramer: Basic Cable Personality Clash Skirmish ‘09!":
The upcoming on-air exchange, which we named — "The Stewart vs. Cramer vs. Not Cramer vs. Stewart vs. General Electric vs. Viacom vs. ‘Daily Show’ vs. ‘Mad Money" — airs Thursday on "The Daily Show With Jon Stewart" on Comedy Central at 11 PM EST.
Tell us: Stewart or Cramer: Who will reign supreme with the mudslingings?
Read more about: Bear Stearns, Business, Economy, Entertainment, Finance, Jim Cramer, Jon Stewart, Mad Money, Money, News, The Daily Show, Video
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28 Reader Comments (so far…) Sign In or Register to comment
If today is the day he’ll be on, lets watch and see.
Jim Cramer Shorting Stocks, Manipulating Markets, Saying The SEC Doesn’t Understand
excerpt: "In light of the current economic crisis, and with the hullabaloo ignited recently by Jon Stewart over the accuracy of CNBC’s reporting, we thought it might be useful to revisit this shocking 2006 interview Jim Cramer gave to TheStreet.com’s Aaron Task.
…He also calls Wall Street Journal reporters "bozos" and says behaving illegally is okay because the SEC doesn’t understand it anyway."
Here are some gems:
-On manipulating the market: "A lot of times when I was short at my hedge fund, and I was positioned short, meaning I needed it down, I would create a level of activity before hand that could drive the futures,"
-On falsely creating the impression a stock is down (what he calls "fomenting"): "You can’t foment. That’s a violation… But you do it anyway because the SEC doesn’t understand it." He adds, "When you have six days and your company may be in doubt because you are down, I think it is really important to foment."
-On the truth: "What’s important when you are in that hedge fund mode is to not be doing anything that is remotely truthful, because the truth is so against your view - it is important to create a new truth to develop a fiction," Cramer advises. "You can’t take any chances."
http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173…
You know, he could’ve picked on any of the so called "financial experts" - Cramer was just the easiest and most obvious pick because of the stupid stuff he does. They were all in the pockets of ceo’s, just whoring themselves to get access and the "inside scoop" to make headlines for 24 hour news cycle. If ANY of them had told the truth ( it WAS out there ) and asked the hard questions to these thieves they would have lost access, but WE, and our 401Ks might have been saved.
Pathetic !
GO Jon Stewart !