Friday, March 13, 2009

Jim Cramer: The Bernie Madoff Of Business News

Bernie Madoff or Billy Mays.

If Jon Stewart didn't say "fuck" so much, he could seamlessly segue into Brian Williams' "Nightly News" anchor chair.

Executive summary: Cramer blames Wall Streets Greedy Gordon Gekkos for lying to him like a disillusioned adultress discovering her married lover won't leave his wife.

"I understand that you want to make finance entertaining, but it's not a fucking game." Jon Stewart ripping Jim Cramer a new one Stewart likened CNBC's "Fast Money" to an "infomercials."

Stewart: "Whose side are they [CNBC] on?" Greedy Wall Street or Main Street?
Cramer (whining) "Reporters aren't always told the truth."

Stewart: "Isn't that part of the problem? Selling the idea that don't you always know that's going to be a lie. By selling this idea, hey man, I'll teach you how to get rich, how is that different from an infomercial."

Stewart: "There's a market for cocaine and hookers."

Cramer: "I think this network has produced a lot of interviews where people haven't told the truth."


"Cramer was playing rope-a-dope while Stewart swung away. Jim seemed more concerned with being liked than justifying what he does for a living. It was a mismatch."

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