The Reality About the People Who Want to “Restore Sanity”
Since 1999, Political satirist Jon Stewart has hosted The Daily Show on Comedy Central, owned by Viacom – the fourth largest media conglomerate in the U.S. Jon has gained considerable attention and respect for his ability to “deliver truth through humor”. Many articles have been written about how his Daily Show delivers and assesses the news more accurately than the networks and cable. In recent times Jon was credited by the Huffington Post, NPR and other left-leaning outlets for his “hard hitting” interview with Mad Money’s Jim Cramer. Now to be sure, Cramer is a suspect individual who is alleged to have used his show to “pump and dump” stocks (not mentioned by Jon). However, while Stewart took on Cramer for putting entertainment before journalism, did we ever hear Jon mention the Chief Operating Officer of the NYSE who presided over the infamous “flash crash” of May, 2010 – who just happened to be his brother, Larry Leibowitz? (Jon changed his last name.) Certainly not. On the day of that “flash crash” Jon had some pretty good zingers about “fat fingers”, but alas an opportunity for some real insight from a real insider – his brother – was passed over. Larry Leibowitz is a former international investment banker who has served on a number of market and industrial committees, and again – is the current COO of the NYSE.
Link:
http://www.wearechange.org/?p=4330
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