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Stewart vs. Cramer

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Filed under: Fraud and Deception, Media Literacy

The Comedian as Media Critic
by Brian Stelter
TVDecoder.blogs.nytimes.com
March 13, 2009

Is the “weeklong feud of the century” finished?

Jon Stewart, the host of “The Daily Show” on Comedy Central, critiqued CNBC”™s coverage of the stock market on Thursday during a highly anticipated appearance by Jim Cramer, the host of the sometimes frantic stock market show “Mad Money” on CNBC.

Mr. Stewart questioned Mr. Cramer about the perception that CNBC acts as a cheerleader for the investment community. “The financial news industry is not just guilty of a sin of omission but a sin of commission,” Mr. Stewart said. Mr. Cramer agreed that he made a number of faulty predictions over the years.

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