Named after Jay Leno, who convinced NBC to "buy out" Conan O'brien, who took over hosting "The Tonight Show" after Leno "quit," so that Leno could have his old job back.
Bob - "Yea, works great. Thanks!"
Jim - "Right...well, the new computer I got broke down. I'm taking my old one back"
Bob - "That's messed up, fool. All you did was lend it like Leno!"