Tuesday, March 17, 2009

Jon Stewart's Inside Connections

Hmm, I wonder if all of Jon Stewart's adoring fans are aware of his brother's role on Wall Street? Seems like the champion of the little people has some connections in high places.
JON Stewart, the scourge of Wall Street and bane of CNBC, may have had a secret weapon in his corner to help him prep for his grudge match with "Mad Money" host, Jim Cramer - his older brother.

As the Wall Street Journal recently pointed out, Stewart's brother, Larry Leibowitz, is head of US Markets & Global Technology at NYSE Euronext. (Stewart's given surname is also "Leibowitz," but he famously told "60 Minutes" that he changed it to "Stewart" because Leibowitz "sounded too Hollywood"). Larry has also held high positions at Credit Suisse and Morgan Stanley.

A Page Six spy who recently shared an elevator ride at the NYSE with Leibowitz and Big Board CEO Duncan Niederauer says, "They both got off on the sixth floor, after Leibowitz had practically been doing everything but shine his shoes for the short ride up. What a routine they have. One brother pretends to kick Wall Street's butt by crucifying Cramer on his show, while the other brother is down on Wall Street kissing it."

I wonder is this pompous poseur Stewart has ever disclosed his Wall Street connections to his audience?

Linked at Instapundit. Thanks!

Thanks also to Jeff Goldstein for the link.

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