Jim Cramer Comes Out of Hiding, Responds to Getting Trounced By Jon Stewart
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This morning, CNBC host Jim Cramer went on NBCâ€™s Today Show and made some of his first public comments about his brutal face-off with the Daily Showâ€™s Jon Stewart. (The morning after the evisceration, Cramer unexpectedly skipped a planned appearance on MSNBCâ€™s Morning Joe.) Today, Cramer dismissed Stewartâ€™s attacks, calling them â€œnaiveâ€ and saying that CNBC had been " out front" in identifying financial malfeasance:
I think it was a naive and misleading thing to attack the media. We werenâ€™t behind this. CNBC, in particular, has been out front on this. â€¦ I think there are people who bear so much more responsibility [than the media] that itâ€™s just wrong-headed: the politicians, the regulators, the SEC, the lenders, the investment banks. â€¦ Itâ€™s just a naive focus, it really is Meredith.
Amanda Terkel is Deputy Research Director at the Center for American Progress and serves as Deputy Editor for The Progress Report and ThinkProgress.org at the Center for American Progress.