I don't have the network bandwidth right now to watch the clips posted above, so this comes from seeing the broadcast last night. In answer to Stewart's question to the audience at the end, yes, it was as uncomfortable to watch as to do. It felt like watching a prosecution, and while there was acknowledgment that it isn't all about Cramer, it seemed like Cramer was just the one who put himself forward for the lambasting and he seemed more willing to acknowledge error than other CNBC on-air people have been, so I actually found myself gaining some respect for him. I was nonetheless surprised at how Stewart was rougher than he normally is with guess he disagrees with, even while taking them apart.

On the other hand, Stewart did make it plain it wasn't just about a mixed record of predictions, but about a general attitude that lying by executives and hedge fund managers, insiders in general, is OK because it's just some game, and CNBC et al doesn't get how serious this is for so many people. Most people's retirement funds are their 401k, and they get a few choices from employers, so they have no option but to give a lot of trust and assume the government and business media are watching out; then it turns out the business media is part of the problem.