Briefly, it was entertaining television at a minimum. I think Stewart's point should have been made more clearly: why doesn't CNBC do more investigation and less regurgitation. Theirs is a business carefully built around hype and puffery and that suits Cramer's personality rather well. The biggest surprise of the show was that Cramer didn't put up even a semblance of a fight. He was demonstrably submissive from his tone to his body language to his constant sheepish grin.
Stewart correctly nailed CNBC for being clueless cheerleaders disguised as market experts.
A commenter in here the other day provided great insight into the environment at CNBC having worked there. Said it's a network of star wanna-bes all chasing top interviews instead of chasing stories.
I give Stewart kudos for telling the truth straight to cramer's submissive puss.
I have the Hulu clip above and the extended version with out-takes from The Daily Show inside. This extended version is broken into 3 separate clips and includes approximately 7 minutes that were not broadcast. And here is the link to the video menagerie of 4 clips that led to last night's interview. Also after the jump are the 4 most embarrassing photos I could find of James Cramer. Scroll all the way to the bottom.
