You may recall Jon Stewart's recent segment on the Daily Show regarding CNBC and how the hosts of their shows encouraged viewers to hang onto stocks that ended up plummeting. Jim Cramer is host of CNBC's "Mad Money" and apparently took issue with Stewart's segment. Cramer claimed that Stewart took him out of context and so Jon Stewart responded:
Following the segment above, Cramer appeared on the Today Show this morning for a response:
Cramer's defense to put it mildly...is weak. Stewart simply pointed out the contradictions of Cramer and Cramer whines that Stewart is merely a comedian with a "variety show". Call me crazy, but I don't really feel bad for Cramer or CNBC...but that's just me.