Cramer Will Be Off the Air in 60 Days: Bless You Jon Stewart

For NBC and CNBC to continue to hold Cramer out as its investment guru would be a travesty that I don't believe even they will perpetuate.
This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted freely to our site. If you need to flag this entry as abusive, send us an email.

I just viewed the much anticipated face-off between Jim Cramer and Jon Stewart.

I don't predict the direction of the stock market and I can't pick stock winners. Neither can Jim Cramer.

That's bad enough.

But when he denied the plain meaning of his 2006 interview in which he discussed highly questionable conduct he engaged in while he was a hedge fund manager, he lost the last remaining shred of his much diminished credibility.

No responsible network executive who viewed the tape of Stewart eviscerating Cramer could possibly conclude that he has any credibility as an "investment expert." His antics may entertain some but they have hurt many.

For NBC and CNBC to continue to hold Cramer out as its investment guru would be a travesty that I don't believe even they will perpetuate.

Here is a prediction I will make: Cramer will be off the air in sixty days.

Bless you, Jon Stewart.

The views set forth in this blog are the opinions of the author alone and may not represent the views of any firm or entity with whom he is affiliated. The data, information, and content on this blog are for information, education, and non-commercial purposes only. Returns from index funds do not represent the performance of any investment advisory firm. The information on this blog does not involve the rendering of personalized investment advice and is limited to the dissemination of opinions on investing. No reader should construe these opinions as an offer of advisory services. Readers who require investment advice should retain the services of a competent investment professional. The information on this blog is not an offer to buy or sell, or a solicitation of any offer to buy or sell any securities or class of securities mentioned herein.

Popular in the Community

Close

What's Hot