Home > 3. et cetera > Jim Cramer: Good or Bad Guy?

Jim Cramer: Good or Bad Guy?

March 13th, 2009
Goto comments Leave a comment

Instead of his normal comedy routine, Jon Stewart played the prosecution in the trying of Jim Cramer. Stewart has bemoaning the role that the media played in allowing the financial bubble to get so big. He tried to build the case that Cramer and others intentionally and knowingly played games with our retirement accounts for their own profit. It an awkward and revealing segment, and difficult to watch because Cramer is trying to plead for mercy and Stewart is going in for the kill. You can watch it here:



I think Cramer did a reasonably good job. He didn’t say it, but I think that he used to be on the dark side but he is now on the up and up. And he certainly did not suffer the terrible performance Tucker Carlson put in.

So, I say: Cramer is a good guy. But I also think Cramer is on notice: put up now, or shut up.

1 Total TweetBacks: (Tweet this post)
  • weiks: New blog post: Jim Cramer: Good or Bad Guy? http://tinyurl.com/dez4ej 03/13/09 05:25pm
Bookmark and Share

3. et cetera

  • ecoalex
    Cramer had no argument to save himself.The video clips showed him for what he was, another Wall St bubble boy.He's an insider, one of those inside,he saw himself as a demiGod.I have a friend that actually watched this clown, and bought his news letter.Cramer had a extreme buy order on a stock. My friend bought it, and lost his shirt.He roasts Cramer much more harshly than Stewart did.Wall St is built on bullshit. Until this changes, and those Personal responsibility Republicans actually get an ethics infusion, Wall St will continue to be a pile of steaming Manure.Sadly Obama, and his financial clowns who pushed for deregulation when Clinton was leaving, all want no rules for a time to let the bullshit bubble up to save the economy, then, they say they will institute reforms, laws.The SEC didn't enforce any laws, Madoff was reported to them 3 years earlier, nothing happenned.Until laws are enforced, We're Screwed.
  • Eric
    Wow, you had a very different take on it.
    It seemed like a pretty aggressive one-side attack by Stewart and Cramer just took it.
    He tried to get Stewart to lighten up by being apologetic but instead took the brunt for the recent collapse of financial institutions and wall street.
    Cramer may not be a great reported but he hardly was playing a came of nudge/nudge/wink/wink with the financial services companies as Stewart alleged.
    I tuned in because I thought it'd be funny but instead it was a bloodbath.
    Cramer needs a new publicist.
  • mweiksner
    First, Cramer has been benefiting all week long from the publicity.

    True, Stewart brutalized him. But I honestly think that Stewart's previous coverage (which was actually funny) was doing more harm to Cramer than this attack.. By letting Stewart vent, I think it buys Cramer one last chance to redeem himself rather than continue to lose blood night after night on the Daily Show.

    Finally, I think that Cramer came across as contrite and somewhat sympathetic. What was he supposed to do as the host bombarded him with unsympathetic video clips and hogged the microphone so he had no opportunity to respond?

    We'll see. If Cramer can make it as a reformed man, this appearance may be the turning point. Otherwise, it may indeed be the nail in the coffin for him and perhaps all of CNBC. We'll just have to wait and see...
blog comments powered by Disqus