I saw it too and enjoyed it. Cramer is a dick, but I do give him credit for showing up with what he had to realize was a pretty indefensible position.
While I agree that these guys deserve a good beat down, I can't help but think that all of us knew, somewhere deep inside, that the constant up cycle of markets and investments was unsustainable, unrealistic and was just as much a product of insider play as the down turn we are now dealing with.
I didn't complain when my house doubled in value or retirement accounts gained absurd amounts some years, so I feel a bit of a phony complaining now those same mysterious forces have turned on me, pulled down my pants, and are fucking me in the ass...repeatedly...without any form of lubricant.