What Jon Stewart needs is Jon Stewart. He could use a droll comedian to temper his ferocity and correct him when he’s wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer. They didn’t cover up the story of financial shenanigans. They didn’t even know it existed.[….]
If these people kept their money in these companies — financial and insurance giants they had built and knew from the inside — how was even Jim Cramer to know these firms were essentially hollow?
I give you one other name: Richard Cohen. He who writes this column had some of his (extremely) hard-earned retirement funds in AIG stock. This was because I was a cautious investor, and what could be safer than an insurance behemoth? Who knew that in faraway London, a division of AIG was fooling around in stuff that virtually cratered the whole company? Not my broker. Not me. Not even Greenberg.
So many cliches in so few paragraphs. Media celebrity defends other media celebrity? Check. No one could have predicted? Triple check. Reference to how hard reporter works? Check.
This is awfully close to parody.