Strange bedfellows: Jon Stewart and Patrick Byrne
Remember the Jon Stewart interview of Jim Cramer where Stewart pulled out a secret weapon to unleash upon his unsuspecting guest?
Stewart repeatedly said Cramer wasn’t his target, but aired clip after clip of the CNBC pundit.
“Roll 210!” announced Stewart, like a prosecutor. “Roll 212!”
Most were from a 2006 interview not meant for TV in which Cramer spoke openly about the duplicity of the market.
No one’s entirely sure where Stewart gets his video clips. But the source for these ones has now outed himself, and it’s none other than crazy short-selling conspiracy theorist Patrick Byrne.
“I supplied a certain video of Jim Cramer to a certain comedy show, that was used in revealing and exposing Jim Cramer,” said Byrne to the WSJ’s Julia Angwin in an interview.
Which is all well and good when it’s used to take down a blowhard like Cramer. But let’s hope that Stewart and his researchers are using Byrne only as a useful source of video. It wouldn’t be good if they were talking to him about the markets more generally.