Wall St riveted by comedy clash
A showdown between a comedian who has become one of America’s most challenging news commentators and a news commentator known for his comedic antics has shone the brightest spotlight on the media’s market coverage since the financial crisis began.
On Thursday night, two cable television celebrities squared off as Jon Stewart, host of The Daily Show news parody programme on Viacom’s Comedy Central channel confronted Jim Cramer, the former hedge fund manager and star of CNBC’s Mad Money programme.
Following a week of digs at the GE-owned financial news channel, blaming it for boosterish coverage of Wall Street institutions before they collapsed, Mr Stewart played the role of a prosecutor as he castigated his guest in person as a “snake-oil salesman”.
http://www.ft.com/cms/s/0/f08789d0-0ff2-11de-a8ae-0000779fd2ac.html
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