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Old 03-13-2009, 11:24 AM   #23
Azure
Had an idea!
 
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Also from Wikipedia.

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Specifically on Jon Stewart, Cramer said, "Look, I expect Jon Stewart, a comedian, to give me a good skewering -- but Frank Rich? I was shocked that the rigorous Rich wouldn't investigate further and relied on the show's truncation of the truth. After all, how many times were the pull quotes from reviews by Rich used against him when he may have been panning a play in his former role as entertainment critic?"[47]
Referring to the March 8, 2009 charges leveled against Jim Cramer by The New York Times' Frank Rich, Cramer said, "I called out [Paulson[48] and Geithner[49]] for their mistakes, where was Frank Rich praising me on that? Where was that?"[50]
Wikinews has related news: Feud between CNBC and The Daily Show continues to escalate Later that day, also on March 9th, The Daily Show's Jon Stewart responded with an apology for taking Cramer's comments out of context.[51] "OK, I was wrong. So Jim Cramer, I apologize," Stewart said, then promptly showcased video of Cramer suggesting the safety of Bear Stearns stock during the Lighting Round on Mad Money, 5 days prior to the collapse of Bear Stearns. Jon Stewart then stated, "He's not saying literally 'I'm asking you to buy Bear Stearns,' for that you have to go back a full 7 weeks before the stock completely collapsed." Stewart then showed additional video footage of Cramer on January 24 2008 telling TheStreet.com TV viewers to specifically "buy Bear Stearns" stock 7 weeks before it collapsed. Stewart referenced that Cramer stated that he liked the stock at prices above $60; although, on February 5th, 2008, Jim Cramer changed Bear Stearns rating to a Sell on TheStreet.com.[52]
The following day on March 10, during a Tuesday appearance on the Today show, Cramer said of The Daily Show bit, "The absurdity astounds me. [Jon Stewart] is a comedian, and he's decided to focus on some calls I made during a bull market. The guy is a comedian. "[53]
On March 12, Cramer appeared on The Daily Show with Stewart. Stewart discussed how short selling was detrimental to the markets and investors. Cramer agreed with this and stated that he was opposed to such tactics. However, Stewart then played two video clips in which Cramer discussed the spreading of false rumors to drive down stock prices and encouraged short selling by hedge funds as a means to generate returns.[54] Stewart proceeded to get Cramer to admit that he can do better, and that he can change.
I can't watch the video clip. Is the above referring to the same thing?
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