Saturday 14 March 2009

I am no fan of bloodsports, but...

... I have loved the battle between Jon Stewart and the CNBC network and its share tipster, Jim Cramer. Like nothing I have seen so far, it uncovers what is, at best, the incompetence and, at worst, criminality of those who cheerled the CEOs, the traders and hedge fund managers as their greed for short term and unsustainable profits led to meltdown of the financial institutions and poverty for those who trusted the advice given.

For those who have missed this display of impeccable comic timing coupled with controlled outrage I did have the videos here, but I am afraid that they were too much for my computer - which decided to go on strike every time I turned to this page. So here is the link to the website.

4 comments:

Gaina said...

Haha I love John Stewart. I'll watch all of these tomorrow. Right now I have ten minutes before I turn into a pumpkin :)

Gaina said...

...and I've watched them all :). That was really good actually! I loved both of them for their forthright manner. I like people who don't pussy-foot around and just say what they mean even if it means 'dropping the F-bomb'.

Idris said...

Glad you enjoyed them Gaina - I must confess I thought that Cramer showed a great deal of courage and kept his dignity thoughout. However dubious his ethics as a trader - he was impressive here.

I just wish, however, I could have seen that prat Santelli being skewered.

Gaina said...

I just wish, however, I could have seen that prat Santelli being skewered.

I'm sure if there's any way that can happen, Jon Stewart would love to have a pop at him!

I actually liked Cramer, I thought he explained that level of finance in an acessible and interesting way.