Jim Cramer Comes Out of Hiding, Responds to Getting Trounced By Jon Stewart
This morning, CNBC host Jim Cramer went on NBCÃ¢â‚¬â„¢s Today Show and made some of his first public comments about his brutal face-off with the Daily ShowÃ¢â‚¬â„¢s Jon Stewart. (The morning after the evisceration, Cramer unexpectedly skipped a planned appearance on MSNBCÃ¢â‚¬â„¢s Morning Joe.) Today, Cramer dismissed StewartÃ¢â‚¬â„¢s attacks, calling them Ã¢â‚¬Å“naiveÃ¢â‚¬Â 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 werenÃ¢â‚¬â„¢t behind this. CNBC, in particular, has been out front on this. Ã¢â‚¬Â¦ I think there are people who bear so much more responsibility [than the media] that itÃ¢â‚¬â„¢s just wrong-headed: the politicians, the regulators, the SEC, the lenders, the investment banks. Ã¢â‚¬Â¦ ItÃ¢â‚¬â„¢s just a naive focus, it really is Meredith.