McClatchy CEO Gary Pruitt added to "Wall of Shame" by CNBC's Jim Cramer

Seeking Alpha says Gary Pruitt was a topic on Jim Cramer's "Mad Money" show on CNBC Thursday:

Gary Pruitt was the newest face to grace Cramer’s Wall of Shame, and Cramer cited MNI’s disastrous acquisition of Knight-Ridder which brought the stock down 82% as the reason for this special honor. The newspaper had been a well-run operation, but Cramer said the acquisition was among the worst he has ever seen. In addition, advertising revenue dropped 16% after subsequent declines. McClatchy has a history of making losing acquisitions, including the Minneapolis Star in 1998. Not only did Cramer give Pruitt a special place on the Wall of Shame, he gave him the middle name “Schemp” after the inept sidekick of the Three Stooges.