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Jon Stewart's Epic Rant Against CNBC Transcript

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Merrill Lynch CEO:  I think the view is that, yes, the U.S. is going to slow down, but there's still a lot of optimism around the rest of the world.   

CNBC's Davos Host:  It's amazing! We've had a lot of executives on who've said the same thing: that in fact their businesses are doing o.k.!

Jon Stewart:  That is amazing!  I mean, these CEO's saying that their own businesses are doing o.k.!  I mean, it makes sense to take the CEO's word for it. For instance, I know O.J. Simpson. He told me that he didn't kill anybody, and he should know - he was there.

Perhaps, the network's finest hour was when it interviewed Sir Allen Stanford whose bank and wealth management firm was posting oddly positive results in a down market because it was a fraudulent ponzi scheme.  

CNBC host Karl Cucanea:  You managed to avoid the sub-prime debacle almost entirely, didn't you?  
Allen Stanford:  100% we avoided the sub-prime debacle.

CNBC's Cucanea:  What told you it was not a wise move.  


Allen Stanford: Well, it's very simple...

Jon Stewart:  I ran a ponzi scheme! Instead of investing the money, I stole it!  8 billion dollars worth of it!

I'm baaaad...  

Come on CNBC's Karl Cucanea! You got one of the biggest white collar criminals in history live on the air, don't let him get off the hook!  

CNBC's Cucanea:  Before we let you go...

Jon Stewart: (In exaggerated anticipation) Here it comes - the million dollar question...  

Cucanea:  Is it fun being a billionaire?  

Allen Stanford:  Well, a...yes, yes, I have to say it is fun being a billionaire.  

Jon Stewart:  ‡µ©k you.  You know, between the two of 'em, I can't decide which one of those guys I'd rather see in jail. 

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