Jon Stewart Exposes CNBC's Worthlessness March 05, 2009 Thanks to subscriber Tom for sending this. In the clip below, Jon Stewart does his usual masterful job, this time on CNBC's worthlessness. Here's an index of key moments: * Cramer's "Bear Stearns is fine" call. (3:03) * "Lehman Brothers is no Bear Stearns. . . . Lehman Management is incredibly engaged and responsive." (3:15) * Merrill won't need to raise additional capital. (3:30) * Cramer saying Bank of America is going to $60. (3:50) * AIG is not going bankrupt because its subprime mortgage exposure is manageable. (4:00) * Cramer's October 2007 call to buy stocks. (4:54) * Cramer's February 2008 call to buy stocks. (5:06) * April 2008, Kudlow & Co., "The worst of this subprime business is over." (5:14) * Cramer's June 2008 call to buy stocks. (5:20) * November 2008, "The fundamentals are coming back into play. . . . people are starting to get their confidence back." (5:26) * Jon Stewart: "Wow. If I had only followed CNBC's advice, I'd have a million dollars -- provided I'd started with a hundred million dollars. How do they do it?" (5:34) * The ultimate example of a worthless CNBC executive interview: Ponzi scheme maestro Allen Stanford. Talking head Carl Quintanilla's million-dollar question? "Is it fun being a billionaire?" (7:06) <style type='text/css'>.cc_box a:hover .cc_home{background:url('http://www.comedycentral.com/comedycentral/video/assets/syndicated-logo-over.png') !important;}.cc_links a{color:#b9b9b9;text-decoration:none;}.cc_show a{color:#707070;text-decoration:none;}.cc_title a{color:#868686;text-decoration:none;}.cc_links a:hover{color:#67bee2;text-decoration:underline;}</style><div class='cc_box' style='position:relative'><a href='http://www.comedycentral.com' target='_blank' style='display:inline; float:left; width:60px; height:31px;'><div class='cc_home' style='float:left; border:solid 1px #cfcfcf; border-width:1px 0px 0px 1px; width:60px; height:31px; background:url("http://www.comedycentral.com/comedycentral/video/assets/syndicated-logo-out.png");'></div></a><div style='font:bold 10px Arial,Helvetica,Verdana,sans-serif; float:left; width:299px; height:31px; border:solid 1px #cfcfcf; border-width:1px 1px 0px 0px; overflow:hidden; color:#707070; position:relative;'><div class='cc_show' style='position:relative; background-color:#e5e5e5;padding-left:3px; height:14px; padding-top:2px; overflow:hidden;'><a href='http://www.thedailyshow.com/' target='_blank'>The Daily Show With Jon Stewart</a><span style='position:absolute; top:2px; right:3px;'>M - Th 11p / 10c</span></div><div class='cc_title' style='font-size:11px; color:#868686; background-color:#f5f5f5; padding:3px; padding-top:1px; line-height:14px; height:21px; overflow:hidden;'><a href='http://www.thedailyshow.com/video/index.jhtml?videoId=220252&title=cnbc-gives-financial-advice' target='_blank'>CNBC Gives Financial Advice</a></div></div><embed style='float:left; clear:left;' src='http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:220252' width='360' height='301' type='application/x-shockwave-flash' wmode='window' allowFullscreen='true' flashvars='autoPlay=false' allowscriptaccess='always' allownetworking='all' bgcolor='#000000'></embed><div class='cc_links' style='float:left; clear:left; width:358px; border:solid 1px #cfcfcf; border-top:0px; font:10px Arial,Helvetica,Verdana,sans-serif; color:#b9b9b9; background-color:#f5f5f5;'><div style='width:177px; float:left; padding-left:3px;'><a target='_blank' href='http://www.thedailyshow.com/full-episodes/index.jhtml'>Daily Show Full Episodes</a><br /><a target='_blank' href='http://www.comedycentral.com/shows/important_things/index.jhtml'>Important Things With Demetri Martin</a></div><div style='width:177px; float:left;'><a target='_blank' href='http://www.indecisionforever.com'>Political Humor</a><br /><a target='_blank' href='http://www.thedailyshow.com/tagSearchResults.jhtml?term=Clusterf%23%40k+to+the+Poor+House'>Economic Crisis</a></div><div style='clear:both'></div></div><div style='clear:both'></div></div>
cramer calling a bottom again on mad money right now. this morning he said sell the gap up now he says today was the bottom. we shall see. Jim Cramer Here Comes the Rally 2:57 PM EDT I'm joining Kass and others now that the facts have... More
Round 2: <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/lFDXwjuEWGY&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/lFDXwjuEWGY&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object> Round 3: <object width="480" height="295"><param name="movie" value="http://www.youtube.com/v/UcVp_3Ix76o&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/UcVp_3Ix76o&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="295"></embed></object> Round 4 coming up on Thursday because Cramer is going to be on the Daily Show!! Cramer is nuts to go on that show, he needs to just let this issue go away instead of fueling it. He is such a media whore. http://www.thedailyshow.com/
Imagine a world where we have to choose between the blowhard Cramer and the smug douchbaggery of Stewart...next thing you'll tell me is that we have a socialist President...what?....oh....
watch the last clip around 4:25. When jon apologized, cramer had a big smile, then it slowly faded as he actually heard what jon was saying. That was the only real expression i have seen of cramer, pure classic.