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The most unexpected is happening...
http://online.wsj.com/article/SB1000...LEFTTopStories
After 219 years as the citadel of American capitalism, the New York Stock Exchange was near an agreement to be acquired by Deutsche Börse AG in a deal that would create the world's largest financial exchange. :doh: |
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There is NO SUCH THING as a "merger of equals". Somebody always ends up dominating. And in this case, it probably won't be wall street. Merger of equals.. oh god thats rich. :har::har::har::har: |
What you may have missed, more importantly, is that the same day (Feb 9th), the Toronto Stock Exchange and London Stock Exchange merged: http://www.bbc.co.uk/news/business-12400785
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I'm glad they are getting these major financial organizations together, less paperwork when I buy the whole mess.
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