Comments on: Cramer Didn’t Know!

By: Floyd

Floyd — Wed, 18 Mar 2009 02:00:04 +0000

I know a lot of "twenty somethings" who think that Stewart is right more than 5% of the time, and would fight you to defend him as a journalist and their primary source of news!
As for Stewart as a comedian? Well the "Daily Show" would be a lot smarter and funnier if his time were given to Stephen Colbert.

By: btenney

btenney — Tue, 17 Mar 2009 22:23:16 +0000

I listen to Cramer at least when He's not talking to some caller asking the same question he answered 5 minutes ago. I also listen to Kudlow, Santelli and the rest of the staff of CNBC. I use what I hear in Independently making investment decisions.
I make decisions based on every available resource and if you have ever actually listened to Cramer that is what he advises everyone to do.

By: odograph

odograph — Tue, 17 Mar 2009 16:14:48 +0000

It isn't Cramer, it's the idea that a network should have a wild-man yelling trading advice at a mainstream audience. That is institutionalized touting.

(We can hope that his viewers start young and lose a little, early, as a learning experience.)

To be fair, I grew up with the quiet and respectable Wall Street Week in my house every Friday. It was subdued, but it was also structured touting. Though, Lou definitely gave some cautious and sensible advice between the analysts and their buy recommendations.

By: charles austin

charles austin — Tue, 17 Mar 2009 15:24:08 +0000

Do you know why Mr. Greenberg is no longer chairman and CEO of AIG?

By: Steve Plunk

Steve Plunk — Tue, 17 Mar 2009 15:20:54 +0000

Why haven't real journalists taken Cramer to task for his nonsense? I'm just not comfortable with a comedian doing the heavy lifting.

By: odograph

odograph — Tue, 17 Mar 2009 12:51:43 +0000

"touting" is a very good work in this context.

As it happens, I have CNBC on right now, and I'm enjoying Meredith Whitney's analysis ... but I still worry that the network is set up a little too much to tout.