March 20th, 2009 the leibowitz brothers
Jon Stewart’s Brother is a Stock Market Insider
Following the public grudge-match between Jon Stewart and Jim Cramer, some have speculated that the reason for Stewart’s bitterness is that he himself lost much of his savings in the recent stock market crash. Indeed, while Stewart has consistently taken on the failings on the media, his recent attack on CNBC has been unusually resentful (and not as funny).
Some have suggested that Stewart lost his shirt in the stock market, leading to his unusually bitter attack on Cramer. However, a better theory has surfaced. Jon Stewart’s brother, Larry Leibowitz, is a stock market insider, working as the head of US Markets at NYSE Euronext. This article reveals that Leibowitz prepped Stewart for the Cramer interview.
It is possible (and likely) that Leibowitz lost a ton of money in the recent economic downturn. This explains Stewart’s all-out attack on the financial world, especially the CNBC. As you can see in the video below, Stewart’s original attack on CNBC is very different in style from his usual attacks: not as funny, and more biting.
| The Daily Show With Jon Stewart | M – Th 11p / 10c | |||
| CNBC Gives Financial Advice | ||||
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May 24th, 2009 at 1:13 pm
I wonder, why would anyone make any assumption on Stewart’s subtext, when he was just verbalizing his audience’s collective anger?
June 17th, 2010 at 3:11 am
This article is not well researched or very well put-together. Unconvincing; but does it matter if Jon lost money in from poor practices in Wall Street? Didn’t most of America?
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