Nearly two decades of trades, buyouts, mergers and takeovers leads to deal, financial world abuzz
A "planned takeover" of New York Stock Exchange Euronext Liffe, by German run
Deutsche Boerse, is in the works this week. Board members began gathering
Sunday, February 13, 2011 to hammer out the details, according to a news
report on the MSNBC web site.
The response to the news of the potential takeover was tremendous. There were
over 400 comments on the MSNBC news web site, Sunday morning.
"Peter17" explained that profits from stock exchanges belong to the
shareholders not the countries in which they are formed. "If the NYSE
continues to make a profit in the U.S. they will pay taxes in the U.S.," was
the comment left on Friday, when the article was posted.
"Saxon" suggested to investors to buy assets and not to hold (USD) dollars.
More than one commenter said they could not appreciate the full scope of the
merger but felt that it would have an impact. Some even speculated about a
New World Order--reminiscent of chatter three decades past.
On the minds of commentators is globalization and the possibility of a new
United States currency, the Amero, which exists in theory.
"Mygirl1" said the U.S. is making its way toward trading in the theoretical
"Amero"--as the Europeans utilize the Euro in Europe. This commentator also
worried that the world's bankers would head up a "new world order" and
control the world's finances.
"TruePatriot-445959" said because financiers have always worried about oil-
rich countries trading oil in currencies other than the U.S. dollar, this
merger is helpful and will introduce more regulation and consistency into the
market which is helpful to the United States.
One commentator,"smeagol likes raw fishes," said the merger may fail in that
Frankfurter Boerse has been outbid before in a takeover.
Frankfurter Boerse is the world's oldest securities exchange--created in the
1500s--and is one of eight owned by Deutsche Boerse.
Deutsche Boerse was outbid by NYSE Group, in an attempt to acquire the London
Stock Exchange in 2006.
Sources:
http://deutsche-boerse.com
http://www.msnbc.msn.com/id/41536645/
http://en.wikipedia.org/wiki/NYSE_Euronext
http://www.msnbc.msn.com/id/41536645/
http://business.newsvine.com/_news/2011/02/11/6034595-german-takeover-of-new
-york-stock-exchange-seen-next-week#comments
http://financial-dictionary.thefreedictionary.com/Frankfurter+B%c3%b6rse
http://en.wikipedia.org/wiki/Eurex
http://en.wikipedia.org/wiki/NYSE_Euronext_Liffe
http://en.wikipedia.org/wiki/NYSE_Euronext
http://en.wikipedia.org/wiki/NASDAQ
http://en.wikipedia.org/wiki/North_American_currency_union
A "planned takeover" of New York Stock Exchange Euronext Liffe, by German run
Deutsche Boerse, is in the works this week. Board members began gathering
Sunday, February 13, 2011 to hammer out the details, according to a news
report on the MSNBC web site.
The response to the news of the potential takeover was tremendous. There were
over 400 comments on the MSNBC news web site, Sunday morning.
"Peter17" explained that profits from stock exchanges belong to the
shareholders not the countries in which they are formed. "If the NYSE
continues to make a profit in the U.S. they will pay taxes in the U.S.," was
the comment left on Friday, when the article was posted.
"Saxon" suggested to investors to buy assets and not to hold (USD) dollars.
More than one commenter said they could not appreciate the full scope of the
merger but felt that it would have an impact. Some even speculated about a
New World Order--reminiscent of chatter three decades past.
On the minds of commentators is globalization and the possibility of a new
United States currency, the Amero, which exists in theory.
"Mygirl1" said the U.S. is making its way toward trading in the theoretical
"Amero"--as the Europeans utilize the Euro in Europe. This commentator also
worried that the world's bankers would head up a "new world order" and
control the world's finances.
"TruePatriot-445959" said because financiers have always worried about oil-
rich countries trading oil in currencies other than the U.S. dollar, this
merger is helpful and will introduce more regulation and consistency into the
market which is helpful to the United States.
One commentator,"smeagol likes raw fishes," said the merger may fail in that
Frankfurter Boerse has been outbid before in a takeover.
Frankfurter Boerse is the world's oldest securities exchange--created in the
1500s--and is one of eight owned by Deutsche Boerse.
Deutsche Boerse was outbid by NYSE Group, in an attempt to acquire the London
Stock Exchange in 2006.
Sources:
http://deutsche-boerse.com
http://www.msnbc.msn.com/id/41536645/
http://en.wikipedia.org/wiki/NYSE_Euronext
http://www.msnbc.msn.com/id/41536645/
http://business.newsvine.com/_news/2011/02/11/6034595-german-takeover-of-new
-york-stock-exchange-seen-next-week#comments
http://financial-dictionary.thefreedictionary.com/Frankfurter+B%c3%b6rse
http://en.wikipedia.org/wiki/Eurex
http://en.wikipedia.org/wiki/NYSE_Euronext_Liffe
http://en.wikipedia.org/wiki/NYSE_Euronext
http://en.wikipedia.org/wiki/NASDAQ
http://en.wikipedia.org/wiki/North_American_currency_union
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