Friedman: Cramer back to old ways

Marketwatch media columnist Jon Friedman writes Wednesday that he believes CNBC “Mad Money” host Jim Cramer has been unaffected by the recent attacks to his program and the network.

Friedman writes, “For better or worse, Cramer is back to his pre-Stewart ways. If Stewart fretted that Cramer had helped turn the stock market into a casino, complete with show-biz flourishes, he might need to start worrying all over again.

“I respect Cramer’s popularity on CNBC. And I’ve always felt that he had turned out to be his own worst enemy because of the way he eagerly dumbs down his immense knowledge of finance. When Cramer writes about the stock market for New York magazine, there is no better or more knowledgeable Wall Street pundit around. He is that good.

“But when he turns into his Mr. Hyde persona on television, his brilliance gets lost in the noise.

“Cramer has sold his soul to the TV devil. It’s too bad.”

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