Stewart vs. Cramer
posted by ModeratorFiled 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.
