Jim Cramer

Cramer Responds to NYU Professor Nouriel Roubini in Latest CNBC Feud
By Jeff Poor | April 8, 2009 | 3:43 PM EDT

Once again, someone has squared off against one of CNBC's star personalities, and this time it's a liberal economist taking aim at the old standby, "Mad Money" host Jim Cramer.

An April 8 Associated Press story reported that, on the heels of "The Daily Show" host Jon Stewart taking Cramer "to task for trying to turn finance reporting into a game," New York University Professor and Huffington Post contributor Nouriel Roubini blasted Cramer in an interview. Predictably, Cramer responded.

"Cramer is a buffoon," Roubini said to the AP. "He was one of those who called six times in a row for this bear market rally to be a bull market rally and he got it wrong. And after all this mess and Jon Stewart he should just shut up because he has no shame."

Cramer Breaks Ranks: Calls 'Bolshevik' Democrats Card Check Legislation 'Anti-Business, Earnings-Destroying'
By Jeff Poor | April 4, 2009 | 5:08 PM EDT

Although CNBC "Mad Money" host Jim Cramer has backed off his hyperbolic attacks on President Barack Obama ever since his "Daily Show" appearance, he's shown that he's not afraid to take on the Democratic-controlled Congress.

So, to give credit where credit is due, the "Mad Money" host dedicated an entire segment to the Employee Free Choice Act, aka card check and how its passage by Congress could be detrimental to Wal-Mart's (NYSE:WMT) stock price on his April 3 program. And during the segment, Cramer used three references to Soviet/Russian communism to describe the Democrat effort pushing card check.

"Right now, in Congress - they're getting ready for what is essentially a referendum on Wal-Mart," Cramer said. "And the referendum's name is the Employee Free Choice Act, also known by slang as card check - a bill that will make it much easier for workers to form unions and much harder for employers to get in their way."

Cramer Declares End of 'Depression'; Credits Obama's Rhetoric, not Actions
By Jeff Poor | April 3, 2009 | 3:15 PM EDT

It came and went - and some might not have even noticed it - despite the seriousness of its use. On April 2, CNBC's Jim Cramer proclaimed the Depression over.

Throughout that day, the "Mad Money" host told viewers of MSNBC's "Morning Joe," CNBC's "Street Signs" and finally on his own program that the Depression was over and that we were on the verge of a bull run for the financial markets.

"We have reached the land of a thousand bull dances - phoney maroney, why? Because the market swallowed its Prozac," Cramer said on CNBC's "Mad Money" April 2. "And right now, right here on this show - I am announcing the Depression over!"

'The O’Reilly Factor' Criticizes the 'Liberalization' of CNBC; Cites NB’s Noel Sheppard
By Jeff Poor | March 28, 2009 | 12:09 PM EDT

More and more people are starting to take notice of CNBC's dramatic shift to the left and the liberal groups promoting it.

On Fox News Channel's March 27 "The O'Reilly Factor," host Bill O'Reilly and Bernard Goldberg, author of "A Slobbering Love Affair: The True (And Pathetic) Story of the Torrid Romance Between Barack Obama and the Mainstream Media" took a look at trends pointing to this shift that started after the feud between "Mad Money" host Jim Cramer and "The Daily Show" host Jon Stewart.

O'Reilly cited a column written by NewsBusters Associate Editor Noel Sheppard on March 26 for The Washington Examiner that noted some of the things indicating CNBC's leftward swing.

Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President has Become Pro-Shareholder'
By Jeff Poor | March 24, 2009 | 2:17 PM EDT

Could this be another case of a chastened CNBC succumbing to criticism from the left to improve its image?

Just a day after CNBC named former Democratic National Committee chairman Howard Dean a CNBC contributor, an uncharacteristically soft-spoken CNBC "Mad Money" host Jim Cramer, appeared on NBC's March 24 "Today" along with CNBC "Squawk on the Street" co-host and "Street Signs" host Erin Burnett. In a tone similar to the apologetic one he had earlier this month on Comedy Central's "The Daily Show," he complimented President Barack Obama's rhetoric toward high executive compensation.

"We have to put the shareholders somewhere in the equation," Cramer said. "When these CEOs make so much money, it hurts the shareholders. We have to be pro-shareholder. The president has become pro-shareholder."

The Huffington Post's New Obsession: CNBC
By Jeff Poor | March 23, 2009 | 5:43 PM EDT

It's the latest ailment of the left - CNBC derangement syndrome.

Since CNBC's Rick Santelli and Jim Cramer took an outspoken stance on the shortcomings of the Obama administration, left-wing storefronts have been popping up all over the place wanting to capitalize on the network after it took a vicious attack from Comedy Central "The Daily Show" host Jon Stewart.

After CNBC "Squawk on the Street" co-host Mark Haines took on a couple of sanctimonious Democratic congressmen, Reps. Brad Sherman, Calif., and Charles Rangel, N.Y., for being advocates of a 90-percent retroactive tax on bonuses, he has found himself as the subject of a main headline on the Huffington Post on March 23, for being concerned about some of the populist rhetoric promoting compensation limits after wrapping up an interview with Nick Debenedictus, the CEO of Aqua America (NYSE:WTR).

What CNBC's Jim Cramer Should Have Told Jon Stewart
By Noel Sheppard | March 22, 2009 | 7:14 PM EDT

When Jon Stewart eviscerated Jim Cramer for not doing a better job of warning Americans about the looming financial crisis, the "Mad Money" host should have brought videos and transcripts of some of his highly-publicized rants in order to thoroughly disprove the comedian's premise.

In fact, as former investigative reporter turned actor and producer Dan Gifford revealed at Big Hollywood Sunday, Cramer should have wiped the floor with Stewart and put an end to all the CNBC bashing.

For instance, the "Mad Money" host could have shared with Stewart's audience this tirade from August 2007 (video embedded right):

NBC Exec: Stewart 'Is Absurd' to Blame CNBC for Financial Crisis
By Noel Sheppard | March 18, 2009 | 4:48 PM EDT

The ongoing battle between Jon Stewart and Jim Cramer took an interesting turn Tuesday when NBC Universal CEO Jeff Zucker said that it was absurd for anyone to blame the financial crisis on CNBC.

Speaking at the McGraw-Hill Media Summit, Zucker defended the financial news network saying, "I’m incredibly proud of what we’ve done."

Zucker also stood up for Cramer:

Shocking WaPo Column: 'Don't Blame Jim Cramer'
By Noel Sheppard | March 17, 2009 | 6:07 PM EDT

Here's a headline I bet you didn't expect to see at one of America's leading newspapers:

Don't Blame Jim Cramer

To be perfectly honest, I rarely agree with Richard Cohen, but on St. Patrick's Day 2009, the Washington Post columnist wrote truths virtually no mainstream media member has dared utter since the "Mad Money" host first left the Obama reservation:

Jon Stewart, 'Populist Avenging Angel'?
By Tim Graham | March 16, 2009 | 9:15 AM EDT

The Washington Post signaled its liberalism by putting Jon Stewart’s bullying interview with Jim Cramer on the front page Saturday under the headline "Stewart’s Time to Channel Our Anger." (Who is "our"? He certainly isn’t channeling conservative anger.) Howard Kurtz totally dropped any pretense of objectivity and obsequiously painted Stewart in glittery gold:

Jon Stewart has amassed a passionate following over the years as a sharp-edged satirist, the man who punctures the balloons of the powerful with a caustic candor that reporters cannot muster...Stewart morphed into a populist avenging angel this week, demanding to know why CNBC and its most manic personality, Jim Cramer, failed to warn the public about the risky Wall Street conduct that triggered the financial crisis.

Kurtz, who has drawn some liberal arrows over the years for his willingness to admit liberal tilt when it’s incredibly obvious (like Obama’s coverage in the 2008 campaign), failed in this story to consider that Stewart wasn’t an "avenging angel" for populists, but a transparent shill for liberal Obama-lovers. He also failed to consider that this same Jon Stewart took his mockery to the other side of the fence, mocking "doom and gloom" reporting on the economy last May and calling CNN's Ali Velshi the "hairless prophet of doom."

Stewart vs. Cramer: Another Battle Between Socialism and Capitalism
By Noel Sheppard | March 15, 2009 | 10:35 AM EDT

As much as the 2008 presidential election was a battle between socialism and capitalis

Keith Olbermann Conveniently Mum on Stewart vs Cramer: Daily Kos Upset
By P.J. Gladnick | March 15, 2009 | 9:37 AM EDT

The confrontation between Jon Stewart and Jim Cramer, host of CNBC's "Mad Money," on Comedy Central's "Daily Show" in which the latter delivered a pathetically poor performance was a hot topic on cable and in the blogosphere last week. Everywhere, that is, except on MSNBC where the hosts were strangely silent about this encounter. Were the MSNBC hosts under orders to keep silent about this since the parent NBC company didn't want to harm the credibility and ratings of a CNBC host? According to TVNewser, this was likely the case:

A TVNewser tipster tells us MSNBC producers were asked not to incorporate the Jim Cramer/Jon Stewart interview into their shows today. In fact, the only time it came up on MSNBC was during the White House briefing, when a member of the press corps asked Press Secretary Robert Gibbs if Pres. Obama watched. Gibbs wasn't sure if the president had, but Gibbs did. "I enjoyed it thoroughly," the Press Secretary said.