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Jim Cramer has learned nothing--Criticizes Jon Stewart for "attacking media" [View All]

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SemiCharmedQuark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 07:25 AM
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Jim Cramer has learned nothing--Criticizes Jon Stewart for "attacking media"
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From HuffPo:



"This morning, CNBC's Jim Cramer made his first appearance on the Today show since his face-off with Jon Stewart last week. Cramer ran into some tough questioning from host Meredith Viera, who asked, "Didn't have a point?"

"You had a rough week," Viera said to Cramer. " was very tough on you, tough on CNBC, basically said you had been cheerleaders for the financial bubble and you also allowed CEOs to come on the shows and essentially lie to the American public without really challenging them. I don't want to rehash the whole thing, but didn't he have a point?"

Cramer wouldn't give an inch, calling it "a naive and misleading thing to attack the media."

"We weren't behind this. CNBC, in particular, has been out front on this. ... I think there are people who bear so much more responsibility that it's just wrong-headed -- the politicians, the regulators, the SEC, the lenders, the investment banks. ... It's just a naive focus, it really is Meredith.""

http://www.huffingtonpost.com/2009/03/19/cramer-stewart-fued-conti_n_176778.html
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