Finally! After a build-up worthy of championship wrestling bout, CNBC’s “Mad Money” host Jim Cramer squared off Thursday night with comic Jon Stewart – and in terms of entertainment, it was worth the endless hype
Their confrontation on The Daily Show (watch the entire show above) was billed as “Brawl Street: Get Ready To Buy Low. And Sell Die!” It came after a week in which Stewart blamed the frenetic financial whiz for the country’s economic crisis and Cramer in turn laughed Stewart off as the host of a variety show. Stewart pounded the money man for duping people into thinking they could make millions easily. “I understand that you want to make finance entertaining, but it’s not a f – – -ing game,” Stewart said.
“[But] there’s a market for that,” Cramer shot back.
“There’s also a market for cocaine and hookers,” Stewart said.
The New York Times said Stewart “treated his guest like a C.E.O. subpoenaed to testify before Congress — his point was not to hear Mr. Cramer out, but to act out a cathartic ritual of indignation and castigation.” Indeed, Stewart played what seems to be his favorite clip, that of Cramer telling his CNBC viewers that Bear Sterns was a good buy just weeks before the firm went under.
The best line of the night? After playing a clip of Cramer rolling pie crust with Martha Stewart on her show earlier that day, Stewart asked, “Mr. Cramer, don’t you destroy enough dough on your own show?”
Cramer seemed to have a sense of humor. Only Stewart, the comic, seemed to know the truth: None of this is funny.