"ALERT!! New York Stock Exchange = SOLD to germany!? Feb 13, 2011"

[StarryNite]

Run time: 15:14 https://www.youtube.com/watch?v=1Git-HLSc_Q   Posted on YouTube: February 14, 2011 By YouTube Member: dutchsinse Views on YouTube: 3276   Posted on DU: February 14, 2011 By DU Member: StarryNite Views on DU: 1964

 

[BanzaiBonnie]

1. WTF? How?

We are losing it. This seems crazy.

[StarryNite]

2. This can't be good...

:scared:

[Name removed]

12. Deleted message

Message removed by moderator. Click here to review the message board rules.

[midnight]

3. These guys are assuming that overregulations are destroying the NY Sock exchange?

Too much govt. debt behind crash? These banks created this debt via their own greed. Someone needs to hold these guys accountable...

[grahamhgreen]

9. Not idiots, con-artists. It is the lack of oversight that is killing us.

[truedelphi]

16. But as even an entire stock exchange is to be made part of an ever bigger

Conglomerate, so how do we get any elected official to do anything?

It is no longer a secret that the Biggest Financial Firms own Congress and also 1600 Pennsylvannia Avenue

Had Obama been true to the progressive ideals he so willingly spouted in Oct 2008, perhaps this sort of merger might have been fought somewhere in the halls of Congress.

Instead we have a President who no longer expresses much concern for us in the middle class, except when it seems prudent to do so before an election.

We citizens have so few on our side. And the lobbyists continue to rape and pillage the Middle Class.

[midnight]

4. For those like me who need a reminder about Sarbanes-Oxley

Sarbanes-Oxley and MAS 90 - Shelko Consulting ... (White Paper)
Abstract: The Public Company Accounting Reform and Investor Protection Act of 2002 (also known as the Sarbanes-Oxley Act 0f 2002) was passed by US lawmakers to reinforce honest and transparent corporate practices in the wake of the various public accounting scandals and corporate failures of the 1990s. As with any far-reaching legislation of this magnitude, there is plenty of hype that has emerged in connection with this law. This document is designed to help large and small companies navigate some of the “hype” that sometimes blurs the line between fact and fiction.http://business-services-consulting.technologyevaluation.com/search/for/sorbain-oxley.html


There is a lot of info. about this regulation that was put in place after what was described as not enough transparency in how business was being conducted.... Makes me ask why the was not upheld????

The Banking Act of 1933 was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States and introduced banking reforms, some of which were designed to control speculation.<1> It is most commonly known as the Glass–Steagall Act, after its legislative sponsors, Carter Glass and Henry B. Steagall.
Some provisions of the Act, such as Regulation Q, which allowed the Federal Reserve to regulate interest rates in savings accounts, were repealed by the Depository Institutions Deregulation and Monetary Control Act of 1980. Provisions that prohibit a bank holding company from owning other financial companies were repealed on November 12, 1999, by the Gramm–Leach–Bliley Act. <2><3>
The repeal of the Glass–Steagall Act of 1933 effectively removed the separation that previously existed between Wall Street investment banks and depository banks and may have caused the collapse of the subprime mortgage market that led to the Financial crisis of 2007–2010.<4>http://en.wikipedia.org/wiki/Glass–Steagall_Act

[Dokkie]

5. who cares?

not this guy

[Alameda]

15. hmmm...no star....no heart.....no care...........what side are you on?

http://www.youtube.com/watch?v=_9Qlkx-qwaM

[Warpy]

6. Better the Germans than Rupert Murdoch

I mean, really.

[AlinPA]

7. It has not been sold yet. It is a plan for a deal which could happen, subject line is wrong. nt

[think4yourself]

10. Can't believe we're even contemplating this.

N/T

[florida08]

8. Wall Street’s Dead End

http://www.nytimes.com/2011/02/14/opinion/14Salmon.html

Not a done deal but Wall Street's in trouble

[rohitshingh143]

17. Will Unemployment Hurt the Stock Market?

The Dow Jones Index currently sits at over 11,700, the highest such numbers seen since 2008. In fact, according to the United States Bureau of Economic research, the recession officially ended in June 2009, with recovery sense moving at a steady, if not expedited rate and the banking crisis has been declared over for more than a year now by Barack Obama.




http://www.moneyplans.net/

[PDJane]

11. The US banking system is no longer trusted.

The US stock exchange is no longer trusted.

I suspect Germany has more rules than the US, not the other way around. Those rules mean that they are trusted more at this point. What the hell is wrong with these people? Regulation isn't the problem, it's lack of regulation and the inability to reign in the greed of the men and women who run the damn thing.

I swear, if I hear one more of these talking heads talking about over-regulation, I'm going to scream...and loud enough that you can hear me down there.

[Buddha2B]

13. Australia's Stock Exchange was sold to Singapore

I was a bit disturbed about Singapore company buying ASX last year.

Not a peep in the media. Average knuckle dragger in the street didn't care.

This is the fruit of the global corporatist expansions.

[Buddha2B]

14. Hmm watching this video fully...

These commentators are idiot Neo-Cons.

That one fool was talking about over regulation?????

Then they say why they can't be world leaders in financial Services????

HAS EVERYONE FORGOTTEN THE GLOBAL FINANCIAL CRISIS?????? Caused by greedy American unregulated financial services???

WHY ARE THESE PEOPLE IDIOTS?????