Jim Cramer, whose daughter who will be attending Williams next year, was on The Daily Show tonight, after some back-and-forth over the week. It all started when Rick Santelli of CNBC canceled on Stewart, causing the same night this clip was aired. Cramer should get massive kudos for having the guts and gumption to do what Santelli could not, and had to personally represent the failures of Wall Street.

Video here.

The Eph connection is admittedly weak, though Cramer’s children are mentioned as Daily Show fans in this clip. However, Williams was also known when I arrived in Fall ’07 as a feeder school for the Wall Street titans. I recall several days when it seemed every senior I knew was in coat & tie for a Morgan Stanley reception in Paresky basement or a Merrill Lynch interview at the OCC, and this interview is not just about Cramer or CNBC; it’s about the nature of Wall Street and the business that so many Ephs went into. I don’t pretend to understand the underlying economics (though I feel good about my ECON 120 midterm), but the interview is valuable for both Stewart’s relentless prosecution and Cramer’s attempts to explain the forces at work around him.

I don’t often make blanket statements, but if you’ve never seen anything else on the Daily Show, you watched a single online video, watch this interview. It was the first three segment interview I’ve seen on the Daily Show, and still went 8 minutes into overtime. Two other clips of Stewart’s best are here (post 9/11 speech) and here (speaking against partisanship as entertainment).

Media coverage here. (to the tune of 533 articles so far) Once available, you can find the interview at the show website, or Hulu.com. According to James Fallows, a longtime journalist for the Atlantic, “Jon Stewart has become Edward R. Murrow.”

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