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Thread: German firm in talks to purchase NYSE

  1. #11
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by American View Post
    They sure do.
    And Fiat owns Chrysler..
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Councilman View Post
    This is one of many things that should remain under U.S. control like all of our defense industries which I am sorry to say some parts which are already vulnerable to the whims of Nations which could become of questionable loyalty at the wrong time.
    LOL give me a freaking break. US companies have bought up overseas targets for decades where as the rest of US have been barred from many industries in the US. Considering you all consider yourselves the bastion of the "free market" and "capitalism", then the way the US acts is highly hypocritical.. to say the least.

    We don't need stocks possibly being manipulated by outsiders.
    ........ seriously. You would rather have stocks being manipulated by insiders? How about NOT being manipulated by anyone?

    No offense to Germany but they have a poor track record with economics as I recall it. Not counting recent history that is.
    Poor track record? Germany blows away the US for god sake. They took a shattered nation with no infrastructure and built it in a decade or two into a manufacturing power house that still "owns" the US on many economic statistics. If anything, especially recently, Germany is the model of a frugal common sense economy where as the US is the drunken sailor going amok in a whore house.
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by PeteEU View Post
    And Fiat owns Chrysler..
    Only 25%.
    So follow me into the desert
    As desperate as you are
    Where the moon is glued to a picture of heaven
    And all the little pigs have God

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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by PeteEU View Post
    And Fiat owns Chrysler..
    Fiat owns 25%. Now let's go back to the OP.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by PeteEU View Post
    LOL give me a freaking break. US companies have bought up overseas targets for decades where as the rest of US have been barred from many industries in the US. Considering you all consider yourselves the bastion of the "free market" and "capitalism", then the way the US acts is highly hypocritical.. to say the least.



    ........ seriously. You would rather have stocks being manipulated by insiders? How about NOT being manipulated by anyone?



    Poor track record? Germany blows away the US for god sake. They took a shattered nation with no infrastructure and built it in a decade or two into a manufacturing power house that still "owns" the US on many economic statistics. If anything, especially recently, Germany is the model of a frugal common sense economy where as the US is the drunken sailor going amok in a whore house.
    Who do you consider the bastion of free market? The US, that's who, and you know it. Hell if we weren't the center of most everything, you wouldn't be here on this American forum. You hate us because we are the biggest, the richest and the best. You hate our guts for it. Well let me tell your the secret to our success......HARD WORK and INGENUITY.
    Last edited by American; 02-12-11 at 10:32 AM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  6. #16
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    Re: German firm in talks to purchase NYSE

    They're not the only ones doing this sort of thing

    CBC News - Money - TSX, London Stock Exchange to merge

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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Hoplite View Post
    NYSE traders say yes to Germany, no to lederhosen | Reuters



    NOTE: The original title of this article was "NYSE traders say yes to Germany, no to lederhosen" however that was not descriptive and said nothing about the content of the article. If the Moderators disagree with my decision to clarify the title, feel free to change it back.


    I'm interested in hearing from the pro-Capitalist Americana side of this. Should ANYTHING be for sale?
    We allow foreign companies to buy defense companies, which should be more of a concern than the NYSE. The stock exchange has to a large measure become an electronic trading platform. I don't see the problem with this transaction.

    Also if we are going to be the largest debtor nation, then we have to allow for the lenders to have other investing alternatives than just treasury bills.

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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Hoplite View Post
    NYSE traders say yes to Germany, no to lederhosen | Reuters



    NOTE: The original title of this article was "NYSE traders say yes to Germany, no to lederhosen" however that was not descriptive and said nothing about the content of the article. If the Moderators disagree with my decision to clarify the title, feel free to change it back.


    I'm interested in hearing from the pro-Capitalist Americana side of this. Should ANYTHING be for sale?
    A similar thing is happening in Canada and I believe both are good things, or at least not bad..

    It seems to me that the NYSE would have a greater effect on the German system than the Germans would have on the Americans and that, in Canada's case, it will give Canadian companies greater access to international capital.

    If it doesn't work out well then new exchanges will be constructed or existing ones enlarged. There is no need for fear because, in both cases, they will be subject to local laws.
    Last edited by Grant; 02-12-11 at 11:17 AM.

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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by American View Post
    Who do you consider the bastion of free market?
    The US, that's who, and you know it.
    Depends on what market we are talking about. In general I dont know any more, but it is not the US as it once was. The US market in many areas resemble communist Russia more than the mythical American free market. You are protectionist and allow regional monopolies. You do not force the markets to open up for competition which screws over your own citizens. Airlines, Media, Steele, Pharma, telecommunications especially internet and so on.. have a shocking lack of competition and operate in "American" monopolies. So much for the "free market"

    Hell if we weren't the center of most everything, you wouldn't be here on this American forum.
    You are the center of almost everything because of being the biggest single market (for now), plus historical reasons (only nation to survive WW2 with its production system intact) and of course the biggest gun (50%+ of the worlds defence budget). Politically you also were a beacon for the rest of us.. but Bush pissed that away pretty nicely.

    You hate us because we are the biggest, the richest and the best.
    I do not, and I repeat, DO NOT hate America. I just wish that some American's would not be as arrogant and blinded like you and with that drive the US deeper into the hole that Reagan started. Basically.. GROW UP and open your eyes.

    You hate our guts for it. Well let me tell your the secret to our success......HARD WORK and INGENUITY.
    American productivity is not that good, compared to the number of hours you work... in fact it is rather pathetic. Your income inequality is worse than Egypt for god sake, and your society is far more divided along racial lines than you dare admit. You have a massive deficit and an out of control debt problem, and no plans what so ever to deal with it. Instead your political parties squabble over partisan issues instead of dealing with real issues that effect real Americans.

    As for ingenuity... much of that is imported and always has been, but that is exactly what the US has been good at... exploiting the inventions of others into mass production for the good of everyone. The US has rarely "invented" anything significant... note the "rarely", does not mean never.
    PeteEU

  10. #20
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    Re: German firm in talks to purchase NYSE

    I am not going to get into PeteEU's claptrap.

    However, I don't really have a problem with this deal. The NYSE is already owned by stockholders, many of whom are most likely foreigners as it is. Also, it isn't as if it is the German government of a company controlled by some nefarious government. The Germans, while not perfect, are generally competant and transparant. Given that, I don't have a problem with this.
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