Comedy Central throws CNBC under the bus
Jon Stewart to CNBC/cramer:
I know you want to make finance entertaining, but it’s not a f—ing game
I love that show… all the episode where they make fun of them are pretty good… “If I watched CNBC I would have $1 million… If I started with $100 Million…”
Stewart did his homework and absolutely crushed Cramer who looked like a deer in the headlights.I knew the interview was going to be on so I tuned in and I was impressed that Stewart, who is not really known for hard hitting journalism went after him like that. If you have not seen it, check it out.
It is sad that CNBC and others, have turned the market into almost a casino mentallity for some people.This has got to stop, or it will not end well for anybody.
I have to say the clients who take up most of my time watch CNBC. Before the decline, I had several clients who would watch Cramers show, call in the next day and buy a few of his recommendations…and then sell out a week or two later because the stocks tanked. Good for my net, but bad for the clients networth. They would be shocked when I would say, “no I don’t watch him”…I think Stewart was spot on with his reporting, kudos to him.
[quote=bspears]I have to say the clients who take up most of my time watch CNBC. Before the decline, I had several clients who would watch Cramers show, call in the next day and buy a few of his recommendations…and then sell out a week or two later because the stocks tanked. Good for my net, but bad for the clients networth. They would be shocked when I would say, “no I don’t watch him”…I think Stewart was spot on with his reporting, kudos to him. [/quote] Hey bspears....are you working SHAMROCK SATURDAY tomorrow?????/
It was refreshing to see Cramer put in his place as an entertainer and not a financial advisor. I’m not a huge fan of Jon Stewart but he did a great job on this interview.
I was hoping to dodge the Shamrock Sat calls…sh*t…you’ve called me out on it. Actually, my daughter and I will be getting the mountain bikes out and hitting some trails tomorrow. My ancestors are Scottish, so I feel I was harmed all those years by working as a pawn for the loser GP’s…
One of the guys in my region wired everybody about those clips. Freakin’ hilarious! I couldn’t stop laughing!Between Cramer and the "Traders of Fast Money", they're right just under 50% of the time. Saw it on some web page. Can't remember which one, so I'm not sure how accurate it is, but it's certainly believable. They talk a LOT...but say very little. I also love how they have the micro machine guy give the "disclaimer" at the end of the show that says, among other things, you should consult with your financial advisor.
I heard they were right more like 35% of the time. You could throw darts at a newspaper and have that kind of success picking stocks.
CNBC is the televised comic book of the Financial Industry and Cramer is their Popeye. He should give corn cob pipes to every sucker he Olive Oils.
just google "jon stewart cnbc". there's 2 different videos...both are hilarious
You tube removed the video link (copyright violations it said)
i love cnbc.
especially the hot smart babes.
margaret brennen major sleeper hot-tee
michelle cabrusa cabraba-world class purchased ta-ta’s. she would wear your a^% out. "sorry, bucko…your done when I SAY your done"
melissa lee-Y or N? i waiver
melissa francis-she is Missy on “little house on the prairie”. youd have to stuff a sock in her mouth first…
Cramer was great sales guy at Goldman, but just another loud-mouth with a couple of bits that fills an hour of time on a network few people watch after the bell sounds…FBN Nicole Petallides is smokkkkkkkkkkkiiiiiiiiiinnnnnnnnnn…
I’m surprised how much venom there is for Cramer (I hate the guy, but he makes US look good by comparison, not a bad deal for us) and how many people can’t seem to tell the difference between the reporters and moderators at CNBC who are worthwhile, and the Cramer times, who are not.