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Jon Stewart Bashes TV Financial Analyst

March 16. 2009

"Video: Stewart And Cramer Face Off CBS"

 

Jon Stewart of the faux news program, The Daily Show, bashed CNBC financial analyst Jim Cramer for giving the public misleading financial information about the U.S. economy. Cramer's ratings have gone down in the fallout from his appearance on the show (yea, a bad public bashing can do that).

Cramer tried to encourage people to invest in the U.S. stock market and over a period of several months, consistently gave advice that turned out to be bad and costly. Many financial analysts did the same in a bid to save the market.

But how about the corporate sector try this: actually do some work, knock off the exorbitant pay and compensation packages, stop gouging the American people and stop stealing other companies’ patents and trademarks.

Then the markets will function like actual markets and not a den of thieves, crooks, frauds and liars (see Madoff, Stanford, AIG bonuses).

Corporate America is STILL too unregulated and behaving like a law unto itself. Too many bad companies mixed in with the good ones actually doing work and it’s bringing the whole thing down.

At the end of the day, if your business is based on a ponzi scheme, stealing other companies’ products and or running smaller companies out of business through corrupt practices, you should not be there, as you are not a legitimate business, but a criminal enterprise, engaging in racketeering, fraud and conspiracy.

'The Daily Show': Jon Stewart-Jim Cramer showdown nets big ratings

Mar 13, 2009, 08:02 PM - Thursday night's anticipated appearance by CNBC financial guru Jim Cramer on Comedy Central's The Daily Show With Jon Stewart netted big ratings, the cable network announced on Friday. The program drew a crowd of some 2.3 million viewers, making it the year's second-most-watched Daily Show installment, after the episode that aired on Inauguration Day (which garnered 2.6 million pairs of eyeballs). Overall, it was among the top 10 shows in the 12 1/2-year history of the fake news program.

http://news-briefs.ew.com

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