At long last, someone called Jim Cramer out. It wasn’t the mainstream press. In fact, it was one of the leading faces of the “fake” press, Jon Stewart.
In a widely publicized feud and subsequent joint television appearance, Mr. Stewart took Mr. Cramer to task for being (in Mr. Stewart’s view) a cheerleader for those who watch his Mad Money television show. While this encounter may have been as much about entertainment as about substance, I still give Mr. Stewart credit for raising the issue at all.