Exclusive: Jim Cramer set to appear on 'The Daily Show' Thursday

The ongoing feud between CNBC host Jim Cramer and Comedy Central's Jon Stewart will culminate with a personal face-off. After fielding jabs from Stewart about the calls he's made about Wall Street, the "Mad Money" host has agreed to make an appearance Thursday on "The Daily Show," according to Comedy Central. Before then, though, Stewart plans to take another swipe at Cramer and CNBC's coverage of the financial crisis on tonight's program.

-- Matea Gold

(Photo courtesy ComedyCentral.com)

Comments

[Ojay]

I am glad Jon Stewart took on Jim Cramer. Jim Cramer thinks it is okay to screem at President Obama about the economiy with less than 2 months in office, but he wants us to ignore the role he and otehr "financial wizzard" cheered us into this mess. The point beingt made by Jon Stewart is that if Cramer and the otther "experts" did not see the bad times coming, why do they expect President Obama to solve allthe problems before he even had the time to staff his office? President Obama is trying to clean up the mess Cramer and company created with their cheerleading. They all need to shut up and allow him time to study and understand the gravity of the mess they help create.

Ojay in Houston, Texas

[Ojay]

Jim Cramer is crying after getting a teste of being criticized. He was screeming at President Obama for not fixing the mess at Wall Street fast enough or for not knowing what is wrong with Wall Street. Jon Stewart was trying to remind Cramer how he and his fellow "financial Experts" cheered on Wall Street and helped create the crash. The point is the Cramer and company over the years helped cheerlead Walls Street into this problem, and they want President Obama to solve the problem iwthin weeks of taking office. They are happy when we give Wall Street billions of dollars without any rules or regulations, but they cry "welfare" "losers" when a less expensive plan is proposed for ordinary American home owners. When they make money, they keep all of it. When they fail, we pay them. When they get money from the public, they demand no rules. When they lend money to the public, they demand to know the size of your intestine. I am a businessman. the banks will not even allow me to use the credit line I have with them and have been paying almost 30% interest.

By Ojay in Houston.

[Poe Cohen]

Jim Cramer books himself as a financial expert. He has recently made more than a few bad predictions and given some disastrous advice. So, be a man, and take the heat for your mistakes! Jon Stewart has not slandered Cramer in any way. I love The Daily Show and is one of the best, funniest shows on TV.

[embarrased in houston]

Ojay you wrote screem and screemed in both your posts. if you are a "business man" then perhaps thats one of the many reasons our economy is in shambles.

[L Kern]

Stewart needs to crush this hyper-capitalist, money-hungry Chicago School of Economics jerk down to to a size smaller than the mote in Obama's eye.
I will be tuning in for the festivities.
And when the show is over, we can continue to weep and do little about it. Because folks, like the other trillion stories popping up like this every day, we are powerless as the horror du-jour will be quickly replaced something even more horrifying.
Sensory overload.

[pete]

Cramer is a crybaby and a Sissy that can give it but cannot take it. It is okay for him to be screaming like a lunatic and giving bad advice until the tables are turned on him. He was whining on morning joe about "maybe he should get back all the money he donated to the democrats over the years," because jon stewart was criticizing him !" The party is not responsible for every single member world wide. Cramer should have known what he was getting into before shooting his rather large buffoon like mouth off like his idiot friend santelli. Expecting Obama to solve eveything in the first six weeks. Also, Joe Scarborough is a clown of major proportions. His show is clearly(or he)is clearly biased. I will never look at it again after today. Finally, Cramer I heard rush is on siding with you and is trying to comfort your delicate sensibilities. Word of advice...with friends like rush , you do not need any enemies!

[John in Vancouver]

This will be a classic. I can't wait.

[eric]

Cramer will get mauled. About time someone held him to account.

[correctnotright]

I am not sure which is funnier, the way John Stewart ripped the egomaniac Cramer on his pathetically inept stock picks and his support of Bear Stearns or the clips of Cramer banging on things, yelling into the camera and encouraging fools to buy next to worthless stocks, while pretending to be an expert.

A couple of calculations have shown that Cramer's stock picks would lose you money and they have already gone up and are starting to come dwon by the time he picks them - in other words, buy high and sell low is what you get from Kramer.

[chris->]

Jim Cramer is not calling for our President to fix all the countires ills in two months. He is saying the presidents polocies to "fix" our economy are going to make the problem worse. The crux of the problem is the banking system. This should of been the first order of buisness. Instead we have the largest spending bill ever passed which does nothing for the banking / credit crisis. Jim Cramer is not a right wing shill. He is a liberal democrat. When even some liberal democrats are complaining about the direction our country is going too maybe we should all listen. Either way time will tell. In another year or two it will be harder to blame bush even though he did have a hand with all his spending and initial bail outs. Remember the market is a forward looking indicator. The price now reflects what the market believes will happen in the next 12 months. If you look at all the market indices it has not projected good news since our president was elected.

[ChicagoDude]

Totally agree with Ojay!! These financial "wizards" think they have the luxury of handing out advice without being called on it when they're wrong. Here we find Cramer getting worked up over Obama's perceived slowness, but Stewart starkly presented a case where Cramer was oblivious to the ominous financial signs out there and, indeed, actually advised his viewers to buy! buy! buy! the stocks of companies which soon after tanked or went bankrupt. Cramer loves to get "mad" with his money, but becomes a whining cry-baby when he's held accountable. Waaaaaaahhhh!

[Judi]

Yes. I agree with embarassed in Houston. Ojay in Houston, if you are a business man, you show yourself to be a very poor one. You appear to let your emotions lead you, which is obvious in your post. I am a business woman, who supported Obama. Why is it, that if one don't still support Obama, then one is considered a 'hater'. I AM the middle-class. Nothing so far, helps me or my family or people in my situation. As usual, as long as the people are beholden to the government...then the government controls the people. Read up on history & government.

[Davey]

There will be blood.
Go Jon Go!

[sunoverla]

why doesn't stewart parody saint barack's teleprompter crutch? maybe because all the words are spelled out phonetically?

[FormerReaganite]

In defense of OJay: While he may have bad spelling and grammar, his heart is in the right place.
Who hasn't made mistakes typing letters on a computer? I make too many of them myself!

Thanks, Jon Stewart for the critical analysis of Cramer et al.

[Mark S]

It's time to set the record straight on Cramer. Yes, he went on a rant in August of 2007 about how the Fed should cut rates. But after the Fed cut rates (as he wanted) just a few weeks later Cramer turned VERY bullish and predicted the market would reach 14,600 by years end. The Dow peaked a month later and Cramer remained bullish. VERY BULLISH.

He told people to buy Bear the week before it went under. He did the same thing with Wachovia. He called the (wrong) bottom in March after Bear went under (Dow 12,000), then called the (wrong) bottom again in July (Dow 11,000), he told people to buy stocks and real estate in July on Regis' show, then again in September he said the market "can't crash" (Dow 10,500), then two weeks later he said you should sell (Dow 10,000), but then turned bullish in January of 2009 saying the market would go up 13% in 2009 (that was Dow 8,500 - it is down 20%).

These are the facts. I invest for a living so I have CNBC on all day every day and Cramer has been horribly wrong throughout this entire bear market. Don't let him fool you. He was very right in October when he told people to sell, but he his timing has been wrong for 90% of this bear market. That is the truth.

[Frank Simmons]

Cramer and others will very shortly find themselves obsolete in their current notoriety because "capitalism as we currently know it is changing into the "knowledge economy" and Obama is it's main spokesperson which in itself makes him very controversial. What we are going thru now are the necessary explosions inherent between changing 'markets'. Obama and Steward represent the future and Cramer represents the past for now. Embrace the inevitable, read the future writers as they talk about the decline of the global labor force and capitalism and the dawn of the post-market era folks. Do you notice that Jon Stewart is always featuring people with an impact on tomorrow rather than these Cramers who never share the future except for money with us. Who you gonna believe?

[Asbestos Guy]

Jim Cramer still lies: http://www.asbestoswatch.net/2009/07/15/graces-post-asbestos-bankruptcy-play/