David Carr of the New York Times writes for Monday’s paper about CNBC “Mad Money” host Jim Cramer, who has encountered criticism during the economic turmoil but remains committed to his show.
“So what is the polite thing to say? The jig is up? Go to the mattresses? Run for your life? He wrapped up the show by talking about prosaic yields, not robust earnings.
“‘I think it’s O.K. to say that was a relatively dull show. It’s not a message of hope, it’s a message of defense,’ he said afterward. And then he reached for a metaphor that’s going to come in handy.
“‘It’s just a bear trying to do a show in this environment,’ he said.”
Read more here.
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