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Economy
See other Economy Articles

Title: Deutsche Boerse's $9.53 Billion NYSE Purchase May Lead to More Takeovers
Source: bloomberg.com
URL Source: http://www.bloomberg.com/news/2011- ... ay-on-combining-exchanges.html
Published: Feb 15, 2011
Author: Whitney Kisling, Nandini Sukumar and Eli
Post Date: 2011-05-19 10:22:46 by Godwinson
Keywords: None
Views: 11414
Comments: 24

Deutsche Boerse's $9.53 Billion NYSE Purchase May Lead to More Takeovers

By Whitney Kisling, Nandini Sukumar and Elizabeth Stanton - Feb 15, 2011 4:07 PM ET

Deutsche Boerse AG’s $9.53 billion all-stock purchase of New York Stock Exchange parent NYSE Euronext creates the world’s largest owner of equities and derivatives markets, and may spur additional mergers.

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Begin Trace Mode for Comment # 3.

#1. To: All (#0)

How can the Germans be kicking our ass? They have powerful, well paid trade unions, get a months paid vacation, universal health care and are taxed to support public spending projects?

It makes no sense! The Germans do the opposite of what the Republican Tea Party says we should do and they are doing better than America? How is that possible? It's called reality. Deal with it.

Godwinson  posted on  2011-05-19   10:31:48 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Godwinson (#1)

How can the Germans be kicking our ass? They have powerful, well paid trade unions, get a months paid vacation, universal health care and are taxed to support public spending projects?

Not to mention integrating the failed East German economy.

lucysmom  posted on  2011-05-19   10:40:21 ET  Reply   Untrace   Trace   Private Reply  


#3. To: lucysmom, Godwinson (#2)

I'm glad to see LF's two leading minds are heralding the truth to the unwashed. I don't see any mention of the scam the German's are running at the expense of the rest of Europe called the EU. But just sell it as a triumph of socialism if you mean spreading misery equally.

Rudgear  posted on  2011-05-19   10:44:39 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: Rudgear, lucysmom (#3)

But just sell it as a triumph of socialism if you mean spreading misery equally.

I called it socialism because the so called conservatives on this forum are - let's face it - idiots. And to them the German "Social Market" is "Socialism".

Germany has a mixed-market economy. And it works. And when presented with the open borders trade - they outsourced the cheap manufacturing stuff and invested in high end manufacturing.

A cheap electric drill made in China is OK for household work and the Germans can't compete with that so they manufacture electric drills for professional contractors that are too expensive for the average consumer but sought after by professionals for their quality and durability. etc.

Because Germany is infused with the Christian-Democrat ideology of social responsibility, this tempers the capitalist pig mindset that the first thing a person should look out for is himself rather than society and thus preventing CEOs from gutting their companies/firing employees/outsourcing for quick stock gains so they can retire to the Hamptons.

Godwinson  posted on  2011-05-19 11:05:59 ET  Reply   Untrace   Trace   Private Reply  


#5. To: Rudgear (#3) (Edited)

The EU is not a scam, the economies of Greece, Spain and Portugal, etc were Goldman-Sachs run scams that became exposed when the market collapsed.

Godwinson  posted on  2011-05-19 11:08:31 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Rudgear (#3)

But just sell it as a triumph of socialism if you mean spreading misery equally.

Here is what the Heritage Foundation says about German socialism:

Overall business freedom is well protected. The efficient regulatory framework allows dynamic and innovative processes for business formation and operation.

and

Contractual arrangements are secure, and commercial law and private contracts are respected. All property is protected, and the judiciary and civil service are highly professional.

and

Despite the challenging global economic environment, Germany continues to be one of the world’s most powerful and dynamic economies. Business freedom and investment freedom are strong. Long-term competitiveness and entrepreneurial growth are supported by openness to global commerce, well-protected property rights, and a sound business regulatory environment.

Definition of Socialism: "Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy."

Please explain to this ignorant libtard how Germany fits the definition of socialism.

lucysmom  posted on  2011-05-19 11:11:57 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 3.

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