Not sure how many of you watch the Daily Show, or have read about the "feud" between John Stewart and CNBC/Jim Cramer. It started with Rick Santelli screaming on the stock market trading floor that we don't "want to subsidize the losers' mortgages", speaking about the housing proposal which he admits he hadn't read. Turns out the "outburst" was likely staged.
Anyway, Santelli had agreed to come on the Daily Show, but canceled at the last minute, or "bailed out" as Stewart jokes. The Daily Show airs the clips of CNBC programs they had intended to ask Santelli about, and this sets off back and forth rants between Stewart and Jim Cramer, also of CNBC. Well Jim Cramer agreed to appear on the Daily Show last night. Stewart was pretty unrelenting in his interview. He comments at the end, "I hope that was as uncomfortable to watch as it was to do."
The interview is below, preceeded by some of the Daily Show spots leading up to it. Warning - bleeped language throughout.
CNBC Gives Financial Advice
In Cramer we Trust
March 10th: Basic Cable Personality Clash
March 11th: Jim Cramer Battle Promo
Here is the ink to last night's show with Jim Cramer: The Daily Show