Friday, March 13, 2009

Jon Stewart v Jim Cramer - The End

Let's get ready to ruuuuuuuuumble.

I wrote Wednesday I hoped Jon Stewart would not go easy on Jim Cramer (Slash) CNBC. Boy, I had nothing to worry about. While Cramer is emblamatic for some major issues at CNBC he is a symptom of a network issue, more than *THE* issue. So you almost felt sorry for him that he had to take the brunt of the carnage.

That said, some of the things Stewart's staff dug up on Cramer himself were simply damning. The fact a medium to small sized hedge fund can do the maniupulations Cramer claims makes you really wonder what the much much larger kids on the block nowadays are doing. But we'll never know because our SEC is an impotent body. This is a worthwhile watch this weekend if you missed it.

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