Jon Stewart's interview last night with CNBC's Jim Cramer was a masterpiece. I especially liked how Stewart was able to get Cramer to rebuke CNBC's Rick Santelli for yelling at "loser mortgage holders" while on the floor of the Chicago Mercantile Exchange (forward to 2:00 in the interview). This is PART I ...
For my money, the best segment was the second part of the interview, where Jon Stewart shows some clips where Cramer admits to gaming the system. He follows this up by telling Cramer "it feels like we are capitalizing your adventure" with our pensions and 401k plans. This is PART II ...
In the last part of the interview Cramer takes a pretty good jab at former Treasury Secretary Hank Paulson (who should be bloodied up because of his yet unpublicized role in this mess) and even calls for indictments. Stewart uses a few colorful words in this segment, but they're hearfelt and, in my view, justified. This is PART III ...
At the end of the day I give kudos to Cramer for going on Stewart's show. It was a great interview. If the interviews don't appear on this site you can go here to watch the show.
- Mark
No comments:
Post a Comment