Community | March 05, 2009 | 0 comments

Jon Stewart's Epic CNBC Rant: Best Moments

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If David Letterman's extended fracas with John McCain taught us anything, it's that would-be opinion leaders will pay for canceling on TV hosts. On tonight's Daily Show, Rick Santelli and his network paid dearly.

Santelli had agreed to discuss with Daily Show host Stewart his recent on-air diatribe against homeowner bailouts. His network, CNBC, cancelled, saying it was "time to move on to the next big story."

The Daily Show wasn't going to let that happen; it's entire seven-minute opening block was devoted to an extended, heroic evisceration of the financial network, starting with its many false, optimistic predictions before and during the economic meltdown and continuing through to its softball CEO interviews and general Wall Street cheerleading. (We edited the takedown into the two-minute clip above.)
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