Jon Stewart made Jim Cramer look like a wounded puppy tonight as the CNBC host joined The Daily Show after a full week of back-and-forth.
It all started when Cramer got perturbed by a segment TDS did on CNBC's financial network (Jon Stewart Eviscerates CNBC and Rick Santelli ).
Tonight we had the big face-off, the heavyweight bout, the Super Bowl square-off between CNBC's Jim Cramer and Comedy Central's Jon Stewart. Cramer was especially upset about being included in a segment TDS produced on the horrible and almost criminal reporting CNBC has been airing as THE go-to business network after CNBC's Rick Santelli attacked average working-class people who got caught up in the sub-prime mortgage crisis. Santelli dubbed them as "losers." Well, the only loser tonight was Cramer and CNBC.
Jim basically sat there, starry-eyed like a lost puppy, and was virtually silent throughout the three-segment show featuring him. He basically waved the white flag and said, "You got me."
Comedy Central had to edit out eight minutes of video to accommodate the show format, and it will be available on their website tomorrow.
Stewart's point was that Wall Street got fat off of all our pension plans, 401K's and long-term investments, while the "Fast Money" crowd cashed in our long-term investments -- and CNBC was complicit in the entire gambit...
I wonder if Rick Santelli will show his face on Stewart's set? Highly unlikely.
Here's more: Stewart hammers Cramer on 'The Daily Show'
Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on "The Daily Show," repeatedly chastising the "Mad Money" host for putting entertainment above journalism.
"I understand that you want to make finance entertaining, but it's not a ... game," Stewart told Cramer, adding in an expletive during the show's Thursday taping. The episode was scheduled to air at 11 p.m. EDT on Comedy Central Cramer insisted he was devoted to revealing corporate "shenanigans," to which Stewart retorted: "It's easy to get on this after the fact."
At one point, Cramer sounded the reformed sinner, responding to Stewart's plea for more levelheaded, honest commentary: "How about I try that?" said Cramer. "I'll do that."
By the end, the two-segment interview went far beyond its allotted time. Comedy Central said the on-air version would be cut by about eight minutes, though the entire interview would be available unedited on ComedyCentral.com on Friday.