• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Arts & EntertainmentJon Stewart

Jon Stewart’s 6 most memorable ‘Daily Show’ business news moments

By
Ben Geier
Ben Geier
and
Chris Matthews
Chris Matthews
Down Arrow Button Icon
By
Ben Geier
Ben Geier
and
Chris Matthews
Chris Matthews
Down Arrow Button Icon
August 4, 2015, 10:30 AM ET
NOVEMBER 27, 2012 - WARREN BUFFETT & CAROL LOOMIS
NOVEMBER 27, 2012 - WARREN BUFFETT & CAROL LOOMISCourtesy of Comedy Central

Initially, Jon Stewart didn’t devote much time on the “The Daily Show” to business topics. But then the financial crisis happened, and Stewart, like many others, was drawn to the notion that there was something very wrong with Wall Street. He didn’t always get it right. Fortune’s Dan Primack characterized a segment The Daily Show did on a questionable deal struck by private equity firm Blackstone as too simplistic and unfair. Stewart was roundly criticized for a piece he did on the trillion dollar coin, a hypothetical Washington workaround to the debt ceiling, which was itself a Washington created problem. Among those who called out Stewart was Nobel laureate economist Paul Krugman.

But what Stewart did get right, again and again, and in ways that were more compelling, and certainly funnier than others, is that our complicated financial markets don’t always work in the best interests of average investors, borrowers or even the companies that are supposed to tap them to raise the money that can drive innovation.

Here are six of the most memorable business-related guests and segments from Stewart’s run as the host of The Daily Show. Stewart will host his final show on August 6.

1. The Jim Cramer smackdown

The Daily Show – Jim Cramer Pt. 2
Get More: Daily Show Full Episodes,The Daily Show on Facebook,Daily Show Video Archive

This is thought of by many as one of Stewart’s finest moments. Stewart drags former hedge fund manager and CNBC host Jim Cramer over the coals, essentially blaming him for helping to exacerbate the financial crisis, famously saying (seven minutes into the above clip), “I understand you want to make finance entertaining, but it’s not a [expletive] game. And when I watch that, I get, I can’t tell you how angry that makes me.” Cramer did his best to defend himself, but Stewart clearly came out of the exchange on top.

2. Tim Geithner talks “Stress Test”


The former Treasury Secretary of the United States came on last year to talk about his book “Stress Test,” and he stayed on for more than 40 minutes, most of which was available only online. Geithner defends the bank bailouts, even as Stewart makes some clever jokes. “That first obligation in a panic is to do whatever it takes to protect [the American people] from what we saw in the Great Depression,” Geithner said.

To see the full Daily Show segment, click here.

3. Stewart and Samantha Bee take on Blackstone

[fortune-brightcove videoid=4396159411001]
In 2013, Stewart talked about a shady, but legal, insurance deal the hedge fund Blackstone, which he referred to as “an evil wizard’s castle,” did with Spanish gambling company Codere. He then brings on veteran reporter Samantha Bee to figure out why news media wasn’t covering the story more. Perhaps because the deal wasn’t as evil as Stewart seems to think. Shortly after the piece aired Dan Primack got Blackstone’s side of the story. The full story is that the Codere deal was more complicated than Blackstone simply taking advantage of other investors in a troubled company. That doesn’t stop Bee from summing up the deal as “rich assholes want all the money for themselves” and riding a wrecking ball, Miley Cyrus-style.

To see the full Daily Show segment, click here.

4. Stewart trips on the trillion dollar coin

The Daily Show – Paul Krugman & the Trillion-Dollar Coin
Get More: Daily Show Full Episodes,The Daily Show on Facebook,Daily Show Video Archive

Jon Stewart has a knack for rooting the absurdities in our political and policy debates. But when he made fun of the proposal to mint a trillion dollar coin as a means of obviating the debt ceiling, economist Paul Krugman took umbrage, arguing that the debt ceiling itself is the truly silly idea.

5. Warren Buffett and Carol Loomis appear

[fortune-brightcove videoid=4396159412001]
The Oracle of Omaha and his unofficial writer — longtime friend and Fortune writer of nearly 60 years Carol Loomis — appeared to talk about a new book collecting Buffett’s thoughts from the past 40 years. The three also talked about income inequality and the proposed “Buffett Rule,” which Stewart cheekily compared to Lou Gherig’s disease.

To see the full Daily Show segment, click here.

6. Howard Schultz of Starbucks comes on

[fortune-brightcove videoid=4396261456001]
In 2014, Stewart talked to Howard Schultz of Starbucks right after the CEO announced that his company would be providing access to a free college education for all of its employees. Stewart asked why more companies don’t do things like this. “Corporations are people, we’ve learned,” Stewart said to chuckles. “But generally they’re sociopaths.” Schultz had been on the show before, but this interview really got to the core of how corporations navigate the struggle of building value for shareholders and providing a good life for their employees.

To see the full Daily Show segment, click here.

For more: TIME: Watch Jon Stewart’s 11 best Daily Show takedowns

 

About the Authors
By Ben Geier
See full bioRight Arrow Button Icon
By Chris Matthews
See full bioRight Arrow Button Icon

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Arts & Entertainment

Warren Buffett’s first tax return showed $7 owed to the IRS. The then paperboy and former Berkshire Hathaway CEO is now worth $143 billion
SuccessWarren Buffett
Warren Buffett’s first tax return showed $7 owed to the IRS. The then paperboy and former Berkshire Hathaway CEO is now worth $143 billion
By Sydney LakeApril 14, 2026
5 hours ago
paramount
Arts & EntertainmentHollywood
‘Unequivocal opposition’: Over 1,000 members of Hollywood royalty lobby against Paramount/Warner merger
By Jake Coyle and The Associated PressApril 14, 2026
5 hours ago
sam altman
LawOpenAI
Meet the man accused of throwing a Molotov cocktail at Sam Altman: a 20-year-old AI doomer
By Juan Lozano, Lekan Oyekanmi and The Associated PressApril 13, 2026
21 hours ago
Credit cards in a row
Personal FinanceTaxes
Americans are credit-card-maxing tax season with sign-up bonuses while half the country relies on their refund to catch up on bills
By Catherina GioinoApril 13, 2026
23 hours ago
trump
CommentaryWhite House
The futility of Trump’s grandiose personal branding of public assets, from ballrooms and bills to ships and planes
By Jeffrey Sonnenfeld and Steven TianApril 13, 2026
1 day ago
Rory McIlroy’s mom worked night shifts at a factory so her son could play golf. Now he’s worth $200M and is a two-time Masters champion
SuccessGolf
Rory McIlroy’s mom worked night shifts at a factory so her son could play golf. Now he’s worth $200M and is a two-time Masters champion
By Sydney LakeApril 13, 2026
1 day ago

Most Popular

Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Fortune EditorsApril 13, 2026
1 day ago
Retirees are facing a $345,000 bill they never saw coming — and most aren't prepared
Commentary
Retirees are facing a $345,000 bill they never saw coming — and most aren't prepared
By Fortune EditorsApril 14, 2026
9 hours ago
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to code
Success
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to code
By Fortune EditorsApril 14, 2026
12 hours ago
Current price of gold as of April 13, 2026
Personal Finance
Current price of gold as of April 13, 2026
By Fortune EditorsApril 13, 2026
1 day ago
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
Economy
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
By Fortune EditorsApril 12, 2026
2 days ago
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
By Fortune EditorsApril 11, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.