Showdown at the “Daily Show”March 14th, 2009 - 12:31 am ICT by GD
Jim Cramer, the host of the CNBC show was brutally hammered at all sides by another fellow host, Jon Stewart of the “Daily Show”. Jim Cramer’s sin for being hammered- ‘putting entertainment above journalism.’
During the Thursday taping of the “Daily Show”, the episode of which was aired on Comedy Central at 11 pm EDT, Stewart hammered the following statement at Cramer, “I understand that you want to make finance entertaining, but it’s not a ….. game.” The recession sure seems to be taking its toll on the hosts cum comedian too.
The lead up to the show, which is being dubbed as, “the showdown to the weeklong feud of the century,’ by the Associated Press, was hyphenated by a week of confrontations as each hammered to the other over the air. These antagonistic air waves caught the headlines, adding to the creation of hype before the showdown and provided free publicity to the “Daily Show”. Talk about recession times being the best times for innovations and ideas.
During the week-long confrontations, the Stewart accused the CNBC of believing in corporate lies and thus failing in its journalistic duty. He also added that instead of believing in those jargons of corporate lies, the CNBC should have taken an investigative approach.
Associated reported that though Cramer disagreed with Jon Cramer on most of the points, he admitted that being a host of the “Mad Money”, he should and could have done a better job in foreseeing the current economic collapse. “We all should have seen it more” was what Jim Cramer was heard saying.
How could they have done and seen more and better just makes us wonder.
Tags: air waves, associated press, cnbc, comedian, comedy, confrontations, corporate lies, daily show, economic collapse, free publicity, hosts, hype, innovations, investigative approach, jargons, jim cramer, jon stewart, journalism, mad money, recession