Jon Stewart calls out Jim Cramer and the entire CNBC team

On his March 9, 2009 broadcast of The Daily Show, Jon Stewart called out Jim Cramer and all the other pathetic financial analysts at CNBC. Jon Stewart found clips from Jim Cramer's show Mad Money in which Jim Cramer clearly asks his viewers to buy Bear Stearns stocks a few weeks before it collapsed. One week before Bear Stearns collapsed, Jim Cramer clearly said on his show that Bear Stearns was not in trouble and that there was no need to sell your stock in Bear Stearns. When Jim Cramer countered, saying that Jon Stewart had taken his clips out of context and that he had never literally told his viewers to buy Bear Stearns, The Daily Show played clips in which Jim Cramers clearly states, "I am telling my viewers to buy Bear Stearns." The fact that it has taken Jon Stewart and his crew at The Daily Show to point out the fact that the news media had gotten it all so horribly wrong when it came to the economic collapse, is a travesty of the highest order.