Remember when Jon Stewart spanked those asshats on Crossfire?

[progressoid]

And a few months later their show was off the air?



Oh please, please, please let that happen to Cramer and his pals at CNBC.

[Selatius]

1. Jim Cramer is a sharlatan, and it was about time somebody shot him down in such public fashion. nt

[ColbertWatcher]

2. Only if it's not replaced by Fox Business Channel. n/t

[progressoid]

7. Oh God no.

I can't imagine what kind of clusterfuck that would be.

[ColbertWatcher]

8. I'm hoping the (TV) executives at NBC (not GE) get their shit in gear ...

... and solve this problem.

This can be a great opportunity for CNBC if they do the right thing.

[progressoid]

12. Yeah, this has to be an embarrassment for them

I haven't noticed if Rachel or Keith have done any stories about this yet. That's gotta be awkward since it's part of their company.

[ColbertWatcher]

13. True. MSNBC doesn't seem to have a problem cutting into their programming ...

... to check in with some talking head over at CNBC.

They need to start putting out this fire before it burns their credibility down.

(EDITED TO ADD) Soon they'll be considered more of a laughingstock than Fox Business Channel.

[Critters2]

16. Shuster did last night. nt

[YOY]

11. The "Were Conservatives so we know money" Channel?

I love it when they act all know-it-all for matters financial when they are the worst spenders ever.

[ColbertWatcher]

14. The "Murdoch Bought The Wall Street Journal And Their Reputation" Channel. n/t

[Cleita]

3. If you are going to wish, wish big.

This is my wish that CNBC is bought out a news company that wants to build a new CNN like Ted Turner had built back when we actually had real journalists doing the news and correspondents reporting from all over the world. The could start by hiring Amy Goodman and company from Democracy Now! and building out from that.

[progressoid]

9. Amy is waaay to smart for corporate TV.

But MSNBC did put Rachel Madow on TV so maybe there's hope yet.

[mod mom]

4. Off the air?-this guy deserves jail time. Read this:

This rabbit hole involves the thugs surrounding Jim Cramer and some of the top financial "journalists" from the New York Times, WSJ, Fortune magazine and BusinessWeek, top hedge funds, the Mafia, and the DTCC. It also includes "blackmail, smear campaigns, espionage, fraud, harassment, extortion, bribery, rumor-mongering, sabotage, off-shore money laundering, political cronyism, frivolous lawsuits, witness tampering, biased financial research, false identities, bogus credit ratings, bribery, libelous blogs, bad science, forgery, wiretapping, counterfeiting, collusion, lying, cheating, threats and theft."

And if that wasn't fun enough, it may be the underlying story of what collapsed the entire, global banking system or at least served as the catalyst for the collapse.

Unfortunately, this story is so rich and multi-dimensional that I cannot possibly hope to do it justice here. So I will primarily focus on the financial media angle and, specifically, Jim Cramer and his thug cronies.

The story begins when a very highly respected journalist and business editor for the Columbia Journalism Review, Mark Mitchell, decides to look into allegations made by the CEO of Overstock.com, that some top hedge fund managers, in cahoots with a circle of financial analyst and reporters, had conspired to make a lot of money by betting short on companies and then systematically destroying those companies by spreading false negative information about them and employing other tactics such as flooding the market with "phantom shares" to drive down a stocks value.



-snip

http://www.dailykos.com/storyonly/2009/3/5/16720/74815/703/705113

[me b zola]

5. When I saw Cramer's reaction to the video on the Today Show

I kept wondering if that was what Cramer was thinking..."are there going to be criminal charges?"

I really think that they need to be investigated.

[mod mom]

6. Oilwellian did this fine montage of Cramer:

http://www.youtube.com/watch?v=1qxdJ3FdRZM

Throw the book at this type of bastard!

[progressoid]

15. He's despicable.

[malaise]

17. Great video

Expose these goons.

[rvablue]

10. Yep. The look on his face far surpassed seeming pissed at being mocked. It was more like this:

:scared: :cry: