The obvious comparison was to Jon Stewart’s “stop hurting America” Crossfire appearance, but this one almost had a Frost/Nixon vibe to it. The loud, bombastic Cramer meekly sat there taking punches for the entire episode, with a “hand in the cookie jar” look on his face. This was the evisceration of Jim Cramer and it was a sight to see.
If you haven’t seen it yet, head on over to the Comedy Network and watch it, because the Stewart/Cramer interview certainly lived up to the hype.
Red Tory recaps the show here, and includes the clips the Daily Show pulled of Kramer saying:
“What’s important when you are in that hedge-fund mode is to not do anything remotely truthful because the truth is so against your view, that it’s important to create a new truth, to develop a fiction.”
You can also check out a sampling of the reaction over at The New York Times or AP.