Changes

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.

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 ===

=== Jon Stewart ===

On March 12, 2009, Jim Cramer appeared on ''[[The Daily Show]]'' with [[Jon Stewart]].<ref>{{cite web |url=http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220533 |title=Daily Show interview of Jim Cramer |work=The Daily Show with Jon Stewart |publisher=comedycentral.com}}, March 14, 2009.</ref> Stewart reiterated earlier claims regarding the CNBC host's "silly and/or embarrassing and/or stupid financial observations."<ref>{{cite news |title=CNBC's Jim Cramer Responds to Jon Stewart's Response to CNBC's Jim Cramer |url=http://blog.indecisionforever.com/2009/03/10/cnbcs-jim-cramer-responds-to-jon-stewarts-response-to-cnbcs-jim-cramer/ |publisher=Comedy Central}} March 10, 2009.</ref> Moreover, he claimed CNBC shirked its journalistic duty by believing corporate lies, rather than being an investigative "powerful tool of illumination."<ref>{{cite web |url=http://journalism.about.com/b/2009/03/13/106.htm |title=In the Jon Stewart-Jim Cramer Bout, It's Stewart By a Knockout |publisher=About.com: Journalism}}, March 13, 2009.</ref> For his part, Cramer disagreed with Stewart on a few points, but acknowledged that he could have done a better job foreseeing the economic collapse: "We all should have seen it more."<ref>{{cite web |url=http://www.thedailyshow.com/video/index.jhtml?videoId=221517&title=jim-cramer-unedited-interview|title=March 12, 2009: Jim Cramer Unedited Interview Pt. 2 |publisher=''Comedy Partners''}} March 12, 2009.</ref>

On March 12, 2009, Jim Cramer appeared on ''[[The Daily Show]]'' with [[Jon Stewart]].<ref>{{cite web |url=http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220533 |title=Daily Show interview of Jim Cramer |work=The Daily Show with Jon Stewart |publisher=comedycentral.com}}, March 14, 2009.</ref> Stewart reiterated earlier claims regarding the CNBC host's "silly and/or embarrassing and/or stupid financial observations."<ref>{{cite news |title=CNBC's Jim Cramer Responds to Jon Stewart's Response to CNBC's Jim Cramer |url=http://blog.indecisionforever.com/2009/03/10/cnbcs-jim-cramer-responds-to-jon-stewarts-response-to-cnbcs-jim-cramer/ |publisher=Comedy Central}} March 10, 2009.</ref> Moreover, he claimed CNBC shirked its journalistic duty by believing corporate lies, rather than being an investigative "powerful tool of illumination."<ref>{{cite web |url=http://journalism.about.com/b/2009/03/13/106.htm |title=In the Jon Stewart-Jim Cramer Bout, It's Stewart By a Knockout |publisher=About.com: Journalism}}, March 13, 2009.</ref> For his part, Cramer disagreed with Stewart on a few points, but acknowledged that he could have done a better job foreseeing the economic collapse: "We all should have seen it more."<ref>{{cite web |url=http://www.thedailyshow.com/video/index.jhtml?videoId=221517&title=jim-cramer-unedited-interview|title=March 12, 2009: Jim Cramer Unedited Interview Pt. 2 |publisher=''Comedy Partners''}} March 12, 2009.</ref>