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404 bytes added ,  17:28, October 22, 2009
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== Criticism ==
 
== Criticism ==
 
=== Wachovia ===
 
=== Wachovia ===
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On September 29, 2008, during a segment of ''Mad Money'',<ref>{{cite news |title=Wall of Shame: Wachovia CEO Bob Steel |url=http://www.cnbc.com/id/26945323 |publisher=CNBC}}, September 29, 2008.</ref> on [[CNBC]] Jim Cramer discussed the Wachovia call he made on September 15, 2008.<ref>{{cite news |title=Wachovia CEO Offers Plan for Markets |url=http://www.cnbc.com/id/26720573/ |publisher=CNBC}} September 15, 2008.</ref> Cramer apologized both on ''Mad Money'' and on the ''Today Show'' for believing in Steel.<ref>{{cite news |title=Jim Cramer: "I Screwed Up. I Apologize"  |url=http://www.mediabistro.com/tvnewser/cnbc/jim_cramer_i_screwed_up_i_apologize__96078.asp |publisher=TVNEWSER}} September 30, 2008.</ref>
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On September 29, 2008, during a segment of ''Mad Money'' on [[CNBC]], Jim Cramer discussed the Wachovia call he made on September 15, 2008.<ref>{{cite news |title=Wachovia CEO Offers Plan for Markets |url=http://www.cnbc.com/id/26720573/ |publisher=CNBC}} September 15, 2008.</ref><ref name=steel>{{cite news |title=Wall of Shame: Wachovia CEO Bob Steel |url=http://www.cnbc.com/id/26945323 |publisher=CNBC}} September 29, 2008.</ref> Wachovia [[CEO]] Bob Steel told ''Mad Money'' viewers that out of $500 billion in loans on the bank's books, only $10 billion were bad. Just two weeks later, Citigroup bought Wachovia for a highly discounted price, because the actual total was $42 billion, and the FDIC was about to seize Wachovia. Cramer trusted CEO Bob Steel, who he's known as a solid financier for 25 years, and he urged viewers to do the same. More than anything, Cramer was mad at himself for letting his viewers down. "I let you down," Cramer said. "I let my judgment of Steel cloud my thinking about Wachovia."<ref name=steel/> He apologized both on ''Mad Money'' and on the ''Today'' Show for believing in Steel.
    
=== John Stewart ===
 
=== John Stewart ===
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