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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.

This entry was posted on Friday, March 20th, 2009 at 2:40 am and is filed under Current Events, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.