According to Page Six red-hot comic Jon Stewart has a secret weapon when it comes to the big guns he’s been moving into position for the war against CNBC’s Jim “Mad Money” Cramer : big brother Larry Liebowitz.
For years, The Daily Show has focused its ire on the politicians who have been double-dealing the American public. So when Stewart blasted Cramer recently over his self-serving “Buy Bear Stearns” advice, many viewers were stunned and impressed by Stewart’s seeming expertise in complicated financial matters. Last Thursday that ability was on high display when Cramer vivibly squirmed on The Daily Show under the intelligent and probing questioning from JS that made Cramer look like a rookie Wall Street summer intern.
Now we know why.
Big Brother Larry is currently head of US Markets & Global Technology at NYSE Euronext and has also held high positions at Credit Suisse and Morgan Stanley. Add to that the unconfirmed rumor that Stewart’s own mother had her 401k wiped out by the market meltdown and the issue becomes personal as well as a ratings bonanza. The Daily Show has doubled its numbers, while Mad Money is barely floating above the ticker.
So let that be a lesson learned… when you mess with Jon Stewart, you mess with his whole family.