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Stewart 'Incredibly Unfair,' Says NBC Chief

(Newser) - NBC CEO Jeff Zucker said today that Jon Stewart’s Daily Show attacks are “incredibly unfair to CNBC and the business media,” Broadcasting & Cable reports. “CNBC is a spectacular organization and in particular Jim Cramer,” Zucker continued. “What is going on now is absurd....

Stewart's Hit Job Won't Keep 'Clueless Pundits' Off TV

(Newser) - Jon Stewart’s takedown of Jim Cramer and CNBC is indicative of a real, if fleeting, sea change in our attitudes about the economy, Thomas Frank writes in the Wall Street Journal. “The applause Mr. Stewart has received for his j’accuse is the sound of the old order...

Help Jim Cramer&mdash;Arcade Style
 Help Jim Cramer—Arcade Style 

Help Jim Cramer—Arcade Style

New game lets you fend off Mad Money host's critics

(Newser) - Jim Cramer is facing his share of critics, from Jon Stewart to Fox Business, the San Jose Mercury News reports. Now you can help him defend himself in a new web video game: Jim Cramer’s Crashsteroids. Steer Cramer’s sneering mug as he takes aim at his detractors in...

Stewart Took a Cheap Shot at Cramer, CNBC
Stewart Took a Cheap Shot at Cramer, CNBC
OPINION

Stewart Took a Cheap Shot at Cramer, CNBC

Even CEOs couldn't predict crisis, let alone analysts covering them

(Newser) - Jon Stewart’s pantsing of Jim Cramer was nothing but a “cheap shot,” writes Richard Cohen in the Washington Post. CNBC’s crew wasn’t covering up the impending crisis, and neither were the CEOs they interviewed. Many, including head honchos at AIG, Lehman Brothers, and Citigroup, lost...

Stewart-Inspired Media Watchdog Barks at CNBC

Liberal Media Matters urges network to get tough on Wall Street

(Newser) - Jon Stewart's attacks on CNBC have greased the wheels at Media Matters. The liberal watchdog group launched an online petition drive today urging the network to be tougher on Wall Street leaders. It's asking CNBC to hire economic voices with a track record of being right about the current crisis...

CNBC Staff 'Furious' at Quiet Cramer
CNBC Staff 'Furious' at
Quiet Cramer

CNBC Staff 'Furious' at Quiet Cramer

They say he didn't defend the network strongly enough

(Newser) - It's been a tough week for Jim Cramer. After his public skewering from Jon Stewart, colleagues at CNBC are "furious" that he didn't put up a better fight, writes media critic Howard Kurtz of the Washington Post. Nobody goes on the record, but Kurtz says many are upset that...

CNBC Ratings Dip After Stewart Smackdown

Last week's figures suggest Daily Show skewering turning viewers off CNBC

(Newser) - Early signs suggest that Jon Stewart may have put a ding in CNBC's ratings, Portfolio reports. Viewership of CNBC's Business Day programming block was down 11% for the first 3 days after Stewart's assault on the network began, although Jim Cramer’s Mad Money pulled somewhat healthier figures outside the...

My 401(k) Proves I Could Do Better Than CNBC
My 401(k) Proves I Could
Do Better Than CNBC
OPINION

My 401(k) Proves I Could Do Better Than CNBC

(Newser) - He may have gotten only a B in economics, but James Rainey, in the Los Angeles Times, says he can be the next CNBC personality. “There’s got to be a spot for me on one of those chatter fests,” he says, because “I’ve out-performed the...

Stewart Owned Cramer
 Stewart Owned Cramer 
OPINION Roundup

Stewart Owned Cramer

(Newser) - Who won last night’s cable grudge match between Jon Stewart and CNBC’s Jim Cramer? Let’s go to the scorecards:
  • Stewart was the clear winner, clobbering his guest with “homespun, regular-guy relentlessness,” Maureen Ryan writes in the Chicago Tribune. “Cramer didn’t know what hit
...

Stewart to Cramer: 'It's Not a Game'

(Newser) - Jim Cramer took his lumps tonight from Jon Stewart in their highly anticipated Daily Show faceoff. "I understand that you want to make finance entertaining, but it's not a game," Stewart told Cramer, adding an expletive. "I can't reconcile the brilliance and knowledge that you have of...

For Daily Show Prep, Cramer Consults Martha

(Newser) - In anticipation of his visit with Jon Stewart on tonight’s Daily Show, an admittedly “nervous” Jim Cramer sought counsel today from another Stewart—Martha. “You should be nervous,” the lifestyle maven said on her syndicated show. “He’s fast as lightning.” The Mad Money...

Stewart Ratings Soar With Cramer Takedown

Clip gets 1.5M views; week's site traffic surges

(Newser) - Jon Stewart’s attacks on CNBC host Jim Cramer have been ratings gold for the late-night satirist, Variety reports. An 8-minute rant has garnered 1.5 million views, Comedy Central says, and plenty of press attention. Unique usage for the Daily Show site has soared 65% this week amid a...

Stewart's Right: Screeching CNBC Is Whacked
Stewart's Right: Screeching CNBC Is Whacked
OPINION

Stewart's Right: Screeching CNBC Is Whacked

Shouting heads are so very far off base

(Newser) - It should come as no surprise to fans of Jon Stewart, but CNBC is as hysterical as he says—and worse, Gabriel Winant writes in Salon. After 12 hours watching the network "I was huddled in the corner of my couch, wondering why the angry faces were yelling at...

Cramer Going on Daily Show Thursday

(Newser) - This should be interesting: CNBC's Jim Cramer has agreed to go on Jon Stewart's Daily Show Thursday, notes the Business Insider. Stewart has been roasting Cramer, along with his CNBC cronies, for their market boosterism prior to the downturn. Last night, for instance, Stewart played a series of clips showing...

'I Save a Lot of People Money': Cramer to Stewart

(Newser) - Jim Cramer is once again on the defensive, as Jon Stewart seemingly can’t stop finding damning Mad Money clips, Gawker reports. Appearing on this morning's Today show, Cramer was subjected to a CNBC snippet that ran on the Daily Show last night, from January 2008, where the host literally...

Gibbs Isn't Afraid to Throw Verbal Punches
Gibbs Isn't Afraid to Throw Verbal Punches
ANALYSIS

Gibbs Isn't Afraid to Throw Verbal Punches

Obama spokesman lets Limbaugh & Co. dig their own holes

(Newser) - Robert Gibbs has shown he’s not afraid to skewer the likes of Rush Limbaugh and cable-TV talking heads in his White House press briefings, but he also knows when the best tactic is standing aside. “If your enemies are fighting themselves, then don’t get in the way,...

Money Guru: None of Us Really Knows What to Do
Money Guru: None of Us Really Knows What to Do
OPINION

Money Guru: None of Us Really Knows What to Do

Pundits should hedge their bets and speak with caution

(Newser) - Financial pundits don’t know everything, and don't trust those who act like they do, Joel Lovell writes in the Washington Post. The GQ money expert acknowledges anxiety over dispensing information that may not be true at all. “It makes me feel like a bit of a fraud,”...

Reporter's Rant Provokes White House Ire

(Newser) - The White House struck back at a CNBC reporter today for loudly dissing President Obama's housing proposal on the floor of the Chicago Board of Trade, the Wall Street Journal reports. Rick Santelli’s 5-minute tirade, an Internet hit and apparent paean to conservatives, received a cool welcome from Press...

Cramer Is Fun, Informative, and Mostly Wrong
Cramer Is Fun, Informative, and Mostly Wrong
Analysis

Cramer Is Fun, Informative, and Mostly Wrong

(Newser) - With Wall Street in shambles, Jim Cramer’s ratings are higher than ever—which is fine as long as you ignore his stock picks, Bill Alpert writes in Barron’s. Cramer doles out thousands of buy/sell recommendations a year that consistently underperform the market. Alpert examined Cramer’s record from...

Media Feeds Markets' Frenzy
 Media Feeds Markets' Frenzy 
OPINION

Media Feeds Markets' Frenzy

'Volatility news cycle' as bad for traders as it is for nervous investors

(Newser) - Is the media behind the rampant volatility gripping Wall Street? It can’t be helping, longtime observer Roger Ehrenberg writes for Information Arbitrage. CNBC, Fox Business, and others recycle countless talking heads, each with passionate and conflicting views. “Media is motivated to evoke a reaction,” Ehrenberg reasons, so...

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