Friday, March 13, 2009

Comedy! :) vs. Financial Skulduggery :(

Last night was a special Daily Show - interview with Cramer for the entirety to bring the bubbling fracas between him and Stewart to a head in a stew of uncomfortable yet delicious comedic gold.

It's worth watching the unedited 3-part videos over at thedailyshow.com. There are a few minutes of extra stuff, a few extra laughs, and uncensored profanity!

Jon did a great job needling Cramer. I'm interested to know the background on those vids - did Cramer not realize he was being taped? Were they not supposed to be broadcast? How did The Daily Show get the tapes? Very telling on the gray legal/ethical area in which Wall St. operates - and which begs for strict regulation.

Stewart:
It feels like [average people] are capitalizing [Wall St.'s] adventure...it is a game that you know...you go on television as a financial network and pretend it isn't happening.

[...]

I understand you want to make finance entertaining, but it's not a fucking game. When I watch [videos of Cramer talking about how to manipulate the market for profit] I cannot tell you how angry that makes me.

[...]

[Wall St.] burned the fucking house down with our money, and walked away rich as hell.
Cramer:
Do you know how many times I've pantsed CEOs on my show?
Check it out.

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