I know exactly how you'l take this bit of info, but....
Jon Stewart's brother literally pioneered the computer system that lets bots make trades on the stock market microseconds before human stocktraders can see the relevant info. John Stewart's brother had been the chief operating officer of stock exchange parent NYSE Euronext for years while Jon Stewart was on the air bitching about how evil, greedy, and stupid republicans are while his democrat brother stole from the entire country (world) by making trades on automated, newer information than anyone else had access to. It's insider trading by virtue of getting stock info seconds before the rest of the world (literally because of lack of cable distance lag at the New York Stock Exchange) and using software to determine how the market would play and make winning bets on the stock market.
Jon Stewart is a vile human being saying things people like to hear to make sure his brother is never prosecuted for stealing from the entire world.
I'm not disagreeing with what you are saying necessarily, as I have an inherent skepticism toward anyone on television regardless of whether I agree with what they say or not... BUT:
Literally every point you made was about his brother, not about him.
My brother is currently in a federal penitentiary for drug crimes, including meth. He's been diagnosed with schizoaffective disorder which causes even modest recovery to be next to impossible, and in turn he is incapable of living a normal life. He has done very self destructive and harmful things, has ripped his own family apart, and is likely to continue doing so for the rest of his life.
If we were all judged by our sibling's actions, this would be a terribly cruel and unfair world for me personally.
Just take that into consideration before attacking someone purely based on personal associations which they did not choose themselves.
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Yeah that's a bummer situation and it's clear that you love your brother, but its not like your brother is competently and coherently stealing millions of dollars through technological and legal loopholes while you host a popular television show focused on the awfulness and unfairness of everything in politics except for how your brother is stealing millions from everyone as head of the New York Stock Exchange.
So kindly fuck off with your false logic, and buy your imprisoned brother a six dollar snickers bar for me.
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Maybe next time you'l not use the sitch you and your brother are in to excuse high crimes and deception on a grand scale by other pairs of siblings that are probably drawing a quarterly profit from the prison your bro is locked up in.
No, you seem to have confused John Stewart’s brother for multiple stock exchanges, Wall Street banks and high-frequency traders openly operating with the knowledge and approval of the SEC and Congress. Yes, the New York Stock Exchange was part of the development of HFT over the past sixteen years, collocating equipment at high fees, but so was Nasdaq, and so were many people that did not share a mother with John Stewart. Your version of the story is so cartoonish you should’ve sensed that it was apocryphal. Really, one brother is a thieving banker and the other manipulates the media to cover for him? That didn’t strike you as a bit on-the-nose to be true?
Really, one brother is a thieving banker and the other manipulates the media to cover for him? That didn’t strike you as a bit on-the-nose to be true?
No. It did not strike me as too cliched to be true. It sounds exactly like what I expect from both wall street and hollywood.
Global financial theft and comedy that amounts to lies by omission. One brother among the most highly paid entertainers on the planet to cover over the crimes of one of the richest people on the planet.
It's not like familial criminal conspiracies have never been hatched for fucks sake.
I know exactly how you'l take this bit of info, but....
Jon Stewart's brother literally pioneered the computer system that lets bots make trades on the stock market microseconds before human stocktraders can see the relevant info. John Stewart's brother had been the chief operating officer of stock exchange parent NYSE Euronext for years while Jon Stewart was on the air bitching about how evil, greedy, and stupid republicans are while his democrat brother stole from the entire country (world) by making trades on automated, newer information than anyone else had access to. It's insider trading by virtue of getting stock info seconds before the rest of the world (literally because of lack of cable distance lag at the New York Stock Exchange) and using software to determine how the market would play and make winning bets on the stock market.
Jon Stewart is a vile human being saying things people like to hear to make sure his brother is never prosecuted for stealing from the entire world.
I'm not disagreeing with what you are saying necessarily, as I have an inherent skepticism toward anyone on television regardless of whether I agree with what they say or not... BUT:
Literally every point you made was about his brother, not about him.
My brother is currently in a federal penitentiary for drug crimes, including meth. He's been diagnosed with schizoaffective disorder which causes even modest recovery to be next to impossible, and in turn he is incapable of living a normal life. He has done very self destructive and harmful things, has ripped his own family apart, and is likely to continue doing so for the rest of his life.
If we were all judged by our sibling's actions, this would be a terribly cruel and unfair world for me personally.
Just take that into consideration before attacking someone purely based on personal associations which they did not choose themselves.
No, you seem to have confused John Stewart’s brother for multiple stock exchanges, Wall Street banks and high-frequency traders openly operating with the knowledge and approval of the SEC and Congress. Yes, the New York Stock Exchange was part of the development of HFT over the past sixteen years, collocating equipment at high fees, but so was Nasdaq, and so were many people that did not share a mother with John Stewart. Your version of the story is so cartoonish you should’ve sensed that it was apocryphal. Really, one brother is a thieving banker and the other manipulates the media to cover for him? That didn’t strike you as a bit on-the-nose to be true?
No. It did not strike me as too cliched to be true. It sounds exactly like what I expect from both wall street and hollywood.
Global financial theft and comedy that amounts to lies by omission. One brother among the most highly paid entertainers on the planet to cover over the crimes of one of the richest people on the planet.
It's not like familial criminal conspiracies have never been hatched for fucks sake.
So you'd rather get your news from Stormfront than The Daily Show. Got it.
Maybe you should have a listen to how the digital stock market works.
http://www.radiolab.org/story/267195-million-dollar-microsecond/