I think the whole interview (including a big chunk they didn't have time to air) is still up on the Comedy Central web site.
Cramer became the figurehead for NBC because he's the only one who was willing to go on the Daily Show. I think Cramer thought that his being a fan of the show, being similarly inclined politically and someone seen as an advocate for the small investor would get him the same treatment that Stewart gave Maria Bartolome (who could be called the face of CNBC), where Stewart was playful and almost flirty. Cramer got it wrong...oh, so wrong!
I was wondering why we aren't seeing the same aggressive criminal investigations and arrests like we had with Enron and such. The only theory I have is that this fiasco was -so- endemic to the whole financial market that if you got rid of all the guilty parties, there would be no one to run these huge corporations, bailouts or not.
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Date: 2009-03-16 07:29 pm (UTC)Cramer became the figurehead for NBC because he's the only one who was willing to go on the Daily Show. I think Cramer thought that his being a fan of the show, being similarly inclined politically and someone seen as an advocate for the small investor would get him the same treatment that Stewart gave Maria Bartolome (who could be called the face of CNBC), where Stewart was playful and almost flirty. Cramer got it wrong...oh, so wrong!
I was wondering why we aren't seeing the same aggressive criminal investigations and arrests like we had with Enron and such. The only theory I have is that this fiasco was -so- endemic to the whole financial market that if you got rid of all the guilty parties, there would be no one to run these huge corporations, bailouts or not.