Will Bunch in The Huffington Post:
The most talked-about journalism of this week wasn’t produced in the New York Times, CNN, Newsweek or NPR. It was Jon Stewart’s epic, eight-minute takedown on Wednesday night’s Daily Show of CNBC’s clueless, in-the-tank reporting of inflatable bubbles and blowhard CEOs as the U.S. and world economies slowly slid into a meltdown. You can quibble about Stewart’s motives in undertaking the piece — after he was spurned for an interview by CNBC’s faux populist ranter Rick Santelli — but you can’t argue with the results.
The piece wasn’t just the laugh-out-loud funniest thing on TV all week (and this was a week in which NBC rebroadcast the SNL “more cowbell” sketch, so that’s saying a lot) but it was exquisitely reported, insightful, and it tapped into America’s real anger about the financial crisis in a way that mainstream journalism has found so elusive all these months, in a time when we all need to be tearing down myths. As one commenter on the Romenesko blog noted, “it’s simply pathetic that one has to watch a comedy show to see things like this.”
But that’s not all.
More here.