03-25-2009, 12:57 AM
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#132
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Veteran
Join Date: Aug 2006
Location: iowa
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Quote:
Originally Posted by Silock
I think if you'll re-view the show, Stewart was doing an indictment more of CNBC than Jim Cramer. Yeah, Cramer was visibly upset. But IMO, it's because he cares what happens to his viewers' money. Without the viewers, he wouldn't have a show.
But Cramer is bearing the brunt of Stewart's fury. Even Stewart said it was unfortunate.
The clips where Cramer is talking about how hedge funds can screw over investors and manipulate the market is out of context. He wasn't talking about what HE did, but how it is hypothetically done. He tries to expose those guys and their practices on every single show he does. But he's just one guy. And obviously, people in that studio and people like you don't WATCH his show, and don't actually know what he says, yet think they can draw some kind of definitive conclusion about the guy based on one interview and a few cherry-picked clips.
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