Date: 2009-03-15 03:00 am (UTC)
I see Cramer a lot because CNBC is the default show I used leave on in the mornings. He was clearly taken by surprise: he was grinning like an excited kid as he walked on (I think he was looking forward to meeting Stewart, expecting a session like his colleagues got). His reaction during the show was one of disbelief and discomfort. Lots of squirming. Cramer doesn't operate as a passive-aggressive: he's up front and bold, not the type to look for the pity-vote. In ways, his style is similar to Stewart's in that he is quick to admit to mistakes and self-parody. Maybe that's why he admired Stewart so much.

Stewart, for his part, was as I described above: cracking-wise, acting his usual doofy self before Cramer came on. His initial questions could have been taken either way (as serious or self-satirizing).

NBC apparently considers this a public relations nightmare. Most coverage of this describes it as such. Cramer, if he got what he wanted, would have made more of it on his show. On the other CNBC shows, it was as if it never happened. That says a lot. Almost all of the public replies I've seen on this on various news sources and blogs laud Stewart for saying it like it is, hard-cutting journalism, etc. and deride Cramer for looking like a deer in headlights, being unprepared and plain foolish. This isn't the kind of stunt one does when one needs credibility.
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