Jon Stewart's (real name: Jonathan Leibowitz) brother, Lawrence, is a COO of NYSE stock exchange!

[MikeWB]

LAWRENCE LEIBOWITZ
Chief Operating Officer

Mr. Leibowitz was appointed chief operating officer in the first quarter of 2010. In this capacity, he is responsible for operations management, global cash execution and global listings. He previously served as group executive vice president and head of U.S. Execution and Global Technology from 2007 until 2009. He joined NYSE Euronext in 2007, having served as managing director and chief operating officer, Americas Equities, at UBS Investment Bank. Prior to joining UBS in 2004, Mr. Leibowitz held the position of executive vice president, co-head of Schwab Capital Markets. He currently serves on the board of National Stock Exchange of India and has also served on many industry boards and committees, among them the Market Structure Committee of the former Securities Industry Association (now SIFMA).

http://blogs.wsj.com/deals/2010/05/07/s ... c-brother/

Stewart v. Leibowitz: Will "Daily Show" Host Go After His NYSE-Exec Brother?
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By Michael Corkery

Yesterday's brief market crash is perfect fodder for the "Daily Show. "

You can already picture the video montage: Talking heads going bonkers as the Dow drops nearly 1,000 points. Faux-video of retirees sobbing in the streets, as their nest eggs vaporize. Then the implacable Stewart, sarcastically skewering the people who are supposed to keep the financial system running smoothly.

Associated Press
Host Jon Stewart gestures during a 2008 taping of "The Daily Show with Jon Stewart" in New York.
"Hey honey, did you know that Jon Stewart's brother is a big shot Wall Street executive?"

Of course one of those people happens to be Stewart's own brother, a person at the very heart of the mysterious "Flash Crash" that shook markets Thursday.

Stewart's older brother, Larry Leibowitz, is the chief operating officer at the New York Stock Exchange and an expert in electronic-trading systems.

NYSE officials have been taking heat today because of their decision to slow down trading in exceptionally volatile stocks on Thursday afternoon.

Critics say the NYSE's circuit breakers may have exacerbated the panic because they sent the signal to an already jumpy market that there were problems with the stocks. NYSE CEO Duncan Niederauer said this morning in a CNBC interview that slowing down the process and moving certain trades to a human auction helped stem the selloff.

If we were in Stewart's shoes, we'd ask big brother some of those trademark, Daily Show "Let me get this straight" questions:

"In today's modern era of super computers, how is it that one lone trader punching in the wrong numbers could threaten to bring down the entire system?"

Or how about: "Is it really a good idea to have machines trading so furiously that at some point they get out of control?"

We left a message with the Daily Show to see if an interview between the brothers is in the offing. A spokesman emailed back and declined to comment. It seems unlikely, though. There's no mention of Leibowitz on the Daily Show website's list of upcoming guests.

When a Reuters reporter asked Leibowitz in March whether he ever considered going on his brother's show: "I probably wouldn't make a very good guest," he said. "I have tried to fly under the radar."

Not today, he won't.

[Ognir]

Surprise surprise  

[Rockclimber]

Is it me or are they deliberately shifting the blame over here? This is how true zio shills work. TRULY

http://forum.prisonplanet.com/index.php?topic=188334.0