TheStreet.com CEO abruptly announces departure
TheStreet.com CEO Thomas Clarke announced Friday that he was leaving the company immediately, reports Hilary Potkewitz of Crain’s New York Business. Potkewitz writes, “He’s been temporarily replaced by Daryl Otte, a longtime director on the company’s board, who will serve as chief until the search committee, which he is leading, finds a new CEO. “Outsized […]
Cramer looked stunned
David Zurawik of the Baltimore Sun writes about his impressions after watching “Mad Money” host Jim Cramer on “The Daily Show” being interviewed by Jon Stewart. Zurawik writes, “As if Cramer’s words were not damning enough, the film itself was dark, and Cramer looked downright sinister. The host of Mad Money was clearly stunned to […]
Why are people surprised about Cramer's antics?
Gary Weiss, a contributing editor to Conde Nast Portfolio, wonders on his blog why people are so shocked about the revelations of how CNBC “Mad Money” host Jim Cramer operates since they were discussed in detail in two books. Weiss writes, “I have only limited sympathy for people who buy stocks based on what Cramer […]
CNBC has bigger problems than Cramer
James Rainey of the Los Angeles Times proposes that CNBC changes what it airs after checking his 401(k) and noting that he was down about 10 percent because he put most of his money last year into money market accounts. Rainey writes, “Genius. That financial disclosure makes me feel so good, I’m convinced it would […]
Stewart rips Cramer apart
Ken Tucker of Entertainment Weekly writes that “The Daily Show” host Jon Stewart was the winner in his showdown Thursday night with “Mad Money” host Jim Cramer. Tucker writes, “Instead of being his usual feisty self, financial advisor Jim Cramer could not apologize fast enough to Stewart for what he repeatedly called his ‘shenanigans’ as […]
Previewing tonight's Cramer vs. Stewart tussle
David Lieberman of USA Today writes Thursday about why the country seems fascinated with the brouhaha between CNBC and its “Mad Money” host Jim Cramer and “The Daily Show” host Jon Stewart, who criticized the network for its business news coverage and faulty predictions. Lieberman writes, “The host of Mad Money likely will have to provide […]
Fox's Glick backs up CNBC and Cramer
Fox Business Network anchor Alexis Glick told Conde Nast Portfolio‘s Jeff Bercovici that she thinks that the criticism that has been applied to CNBC and “Mad Money” host Jim Cramer could probably be applied to her own network. Bercovici writes, “‘Frankly, I think we would support that,’ she said, referring to the increasing stridency of […]
Jim Cramer vs. Jon Stewart, Round 2; Round 3 begins tonight
“The Daily Show” host Jon Stewart had another critique of CNBC‘s coverage on Monday night, and then CNBC’s Jim Cramer, host of “Mad Money” went on the Today show Tuesday morning to defend himself. Matea Gold of the Los Angeles Times writes, “‘Did I make a mistake?’ Cramer added. ‘First of all, any time you […]
Assessing TheStreet.com's fourth-quarter earnings
Peter Kafka of All Things Digital takes a look at TheStreet.com’s fourth-quarter results. Kafka writes, “No surprise that Jim Cramer’s TheStreet.com had a crummy fourth quarter: Selling ads or subscriptions for a financial Web site was a tough proposition in the last three months of 2008. But maybe things will get better later on this […]
Cramer's picks still underperforming
Bill Alpert of Barron’s, which has long been a critic of “Mad Money” host Jim Cramer, takes a look at his recent picks again in its Saturday issue and determines that they’re still underperforming when compared to the overall market. Alpert writes, “Cramer’s recommendations underperform the market by most measures. From May to December of […]
