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Thu Dec 20, 2012, 03:11 PM

 

New York Stock Exchange sold to derivatives company in $8bn takeover

http://www.guardian.co.uk/business/2012/dec/20/nyse-sold-8bn-intercontinentalexchange

This actual headline was too good to pass up. OMG! Derivatives! (from last year)

An Atlanta company is buying the venerable Big Board.

9 replies, 693 views

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Reply New York Stock Exchange sold to derivatives company in $8bn takeover (Original post)
banned from Kos Dec 2012 OP
blm Dec 2012 #1
dixiegrrrrl Dec 2012 #2
banned from Kos Dec 2012 #3
dixiegrrrrl Dec 2012 #5
blm Dec 2012 #4
Amak8 Dec 2012 #6
banned from Kos Dec 2012 #8
Berlum Dec 2012 #7
no_hypocrisy Dec 2012 #9

Response to banned from Kos (Original post)

Thu Dec 20, 2012, 03:20 PM

1. Intercontinental Exchange = NWO. The owner is a Bush and Romney crony.

.

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Response to blm (Reply #1)

Thu Dec 20, 2012, 04:29 PM

2. aha! How did you find that out??

This is from what I posted in Economy group:


What is creepy is WHO bought it.:

ICE was founded in 2000 by chairman and chief executive officer Jeffrey Sprecher as an electronic commodity trading exchange. Sprecher has grown the business through a series of big deals. ICE now runs the world's biggest energy futures market and commodity markets in the US and Canada. The deal will add NYSE Liffe, the European derivatives exchange to ICE's portfolio, a business Sprecher has long coveted.

"Our transaction is responsive to the evolution of market infrastructure today and offers a range of growth opportunities, while enhancing competition in US and European markets and broadening our ability to address new markets and offer innovative products and services on a global platform," said Sprecher.


http://www.guardian.co.uk/business/2012/dec/20/nyse-sold-8bn-intercontinentalexchange

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Response to dixiegrrrrl (Reply #2)

Thu Dec 20, 2012, 05:08 PM

3. How is that creepy?

 

Coca-Cola is "global".

When did global become a dirty word?

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Response to banned from Kos (Reply #3)

Thu Dec 20, 2012, 05:20 PM

5. When you have so much power in the hands of a huge corp.

for "commodities" speculation, and they are not answerable to the laws of the country they do business in
and they stash all their money out of the country so they do not have to pay taxes
THAT is creepy.

Commodities speculation raises the prices on the food that people have to buy and eat, which is one reason our food prices have risen so much.

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Response to dixiegrrrrl (Reply #2)

Thu Dec 20, 2012, 05:09 PM

4. I've paid attention to the who's who of Bush cronies since the 80s. I will NEVER forget BCCI Report

and what it means still for this country and the world, so, I pay particular attention to Bush cronies in the financial industry. Sprecher is one of the fascist cogs in the NWO machine.

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Response to banned from Kos (Original post)

Thu Dec 20, 2012, 05:23 PM

6. Why doesn't the SEC run stock exchanges?

sry if a stupid question

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Response to Amak8 (Reply #6)

Thu Dec 20, 2012, 05:33 PM

8. The SEC regulates stock exchanges and trading.

 

NYSE is owned by the public though.

(shareholders)

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Response to banned from Kos (Original post)

Thu Dec 20, 2012, 05:26 PM

7. Chalk up yet another ONE for the Mayans

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Response to banned from Kos (Original post)

Thu Dec 20, 2012, 08:50 PM

9. I didn't know it was for sale . . . . .

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