Jon Stewart Lays the Smackdown on Jim Cramer

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  • Scottdau
    Banned
    • Feb 2003
    • 32580

    #16
    Re: Jon Stewart Lays the Smackdown on Jim Cramer

    Yeah I agree. I got a lot from his show when the towers went down. His show was powerful that day. I think he is a very wise man, funny, but very wise.

    Comment

    • Brian_OS
      MVP
      • Jul 2002
      • 1905

      #17
      Re: Jon Stewart Lays the Smackdown on Jim Cramer

      Originally posted by Jackdog
      When will Stewart lay the smackdown on Barney Frank and Chris Dodd? They are the guys in power unlike that idiot Cramer. They are the ones that.....nevermind.
      Exactly!

      Comment

      • pfunk880
        MVP
        • Jul 2004
        • 4452

        #18
        Re: Jon Stewart Lays the Smackdown on Jim Cramer

        Originally posted by Jackdog
        When will Stewart lay the smackdown on Barney Frank and Chris Dodd? They are the guys in power unlike that idiot Cramer. They are the ones that.....nevermind.
        I agree.
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        • Fresh Tendrils
          Strike Hard and Fade Away
          • Jul 2002
          • 36131

          #19
          Re: Jon Stewart Lays the Smackdown on Jim Cramer

          I wouldn't expect Dodd to go on the Daily Show.



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          • callmetaternuts
            All Star
            • Jul 2004
            • 7045

            #20
            Re: Jon Stewart Lays the Smackdown on Jim Cramer

            I dont think Cramer came off that bad. CNBC did, but while Cramer does have intimate knowledge of how the market works, his show is entertainment. He's not a reporter anddoesn't have the "live" interviews that most reporters do.

            If CNBC (or anyone) gets these guys "live" they need to ask the questions without pissing off the CEO's. The problem is that as a reporter, the first time you ask a CEO something that comes off the wrong way or you insinuate they are a liar, you lose access to other CEO's and big wigs.

            Stewart did call out Cramer, and he isnt blameless (Cramer), but i think its the whole financial reporting industry that screwed this one up. Where was FINRA, NYSE/NASD, the SEC, the Treasury in all this? Thats their job, regulatory matters and oversight.
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            • USF11
              C*rr*ntly *n L*f* T*lt
              • Jun 2003
              • 4245

              #21
              Re: Jon Stewart Lays the Smackdown on Jim Cramer

              Originally posted by Bornindamecca
              Stewart did a great job in that piece. Cramer got killed, but he was honorable in the face of a public maiming like that.
              The problem is people take cramers recommendations as absolutes without timeline. He recommends stocks he think will go up - it may that stock 1 hour or 2 years to move. As soon as it does move his recommendation changes.

              People just dont understand how the market works. Because of this Cramer looks like a ******* when that couldnt be further from the truth.

              Cramer is just a glorified weather man.
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              • Fresh Tendrils
                Strike Hard and Fade Away
                • Jul 2002
                • 36131

                #22
                Re: Jon Stewart Lays the Smackdown on Jim Cramer

                I don't trust talking heads on television a whole lot and financial advisers/stock analysts are at the very bottom of that list because really all the stock market is is a hype game and you don't know which stock analyst is being paid by who.



                Comment

                • Jackdog
                  Wolverine Soldier
                  • Aug 2002
                  • 7719

                  #23
                  Re: Jon Stewart Lays the Smackdown on Jim Cramer

                  Originally posted by Fresh Tendrils
                  I don't trust talking heads on television a whole lot and financial advisers/stock analysts are at the very bottom of that list because really all the stock market is is a hype game and you don't know which stock analyst is being paid by who.
                  No doubt. Co sign.
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                  • jmill703
                    Pro
                    • Jun 2003
                    • 524

                    #24
                    Re: Jon Stewart Lays the Smackdown on Jim Cramer

                    What a bunch of snakes and rats...
                    "Solutions rarely come from the same minds as people who cause the problems"

                    Comment

                    • SPTO
                      binging
                      • Feb 2003
                      • 68046

                      #25
                      Re: Jon Stewart Lays the Smackdown on Jim Cramer

                      Originally posted by Fresh Tendrils
                      I don't trust talking heads on television a whole lot and financial advisers/stock analysts are at the very bottom of that list because really all the stock market is is a hype game and you don't know which stock analyst is being paid by who.
                      I agree!

                      The only financial news figure that I have any kind of respect for is Lawrence Kudlow. His show is pretty good and there's a wide variety of topics on it. He gets my respect because he was part of the financial team that Reagan had in the '80s. So while i don't necessarily agree with his financial viewpoints all the time at least the guy has some credibility unlike say oh, Maria Bartiromo.
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                      • Bornindamecca
                        Books Nelson Simnation
                        • Jul 2007
                        • 10919

                        #26
                        Re: Jon Stewart Lays the Smackdown on Jim Cramer

                        Originally posted by USF11
                        The problem is people take cramers recommendations as absolutes without timeline. He recommends stocks he think will go up - it may that stock 1 hour or 2 years to move.
                        This issue isn't Cramer himself, and Stewart went into this several times in the interview.

                        -CNBC as a company claims financial expertise
                        -These experts didn't forewarn the financial bubble bursting
                        -One of their spokesmen pointed the finger at laymen for not knowing that the investments were bad
                        -Not only did CNBC not warn about these investments, but they supported the banks that were behind these loans.
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                        • GeePee20
                          MVP
                          • Feb 2003
                          • 3178

                          #27
                          Re: Jon Stewart Lays the Smackdown on Jim Cramer

                          Originally posted by SPTO
                          I agree!

                          The only financial news figure that I have any kind of respect for is Lawrence Kudlow. His show is pretty good and there's a wide variety of topics on it. He gets my respect because he was part of the financial team that Reagan had in the '80s. So while i don't necessarily agree with his financial viewpoints all the time at least the guy has some credibility unlike say oh, Maria Bartiromo.
                          Kudlow is an ideologue. The majority of the talking heads on CNBC are just cheerleaders for the financial markets and have no journalistic integrity.

                          David Faber seems like a decent guy. He was great on House of Cards. I would love to see more programming like that on CNBC.

                          Comment

                          • SPTO
                            binging
                            • Feb 2003
                            • 68046

                            #28
                            Re: Jon Stewart Lays the Smackdown on Jim Cramer

                            Originally posted by GeePee20
                            Kudlow is an ideologue. The majority of the talking heads on CNBC are just cheerleaders for the financial markets and have no journalistic integrity.

                            David Faber seems like a decent guy. He was great on House of Cards. I would love to see more programming like that on CNBC.
                            Yeah I know Kudlow's an ideologue but at least he makes that known up front rather then being a cheerleader for the markets like most of the other folks at CNBC.
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                            • aholbert32
                              (aka Alberto)
                              • Jul 2002
                              • 33106

                              #29
                              Re: Jon Stewart Lays the Smackdown on Jim Cramer

                              Originally posted by Jackdog
                              When will Stewart lay the smackdown on Barney Frank and Chris Dodd? They are the guys in power unlike that idiot Cramer. They are the ones that.....nevermind.

                              Whats funny is he actually clowned Dodd last night and clowned Frank when the first bailout was up for vote.

                              Comment

                              • matt8204
                                MVP
                                • Sep 2008
                                • 1164

                                #30
                                Re: Jon Stewart Lays the Smackdown on Jim Cramer

                                Originally posted by aholbert32
                                Whats funny is he actually clowned Dodd last night and clowned Frank when the first bailout was up for vote.
                                As he should. Dodd is a total scumbag. First he claimed that he didn't have anything to do with the AIG bonus provision slipped into the stimulus package, then he admitted that he signed off on it. I hope the voters of Connecticut boot him out of office next year. Ridiculous.
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