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Originally posted by liejunkie01
At least the government is still spending.
At least I still got a job........As well as thousands of other hard working individuals.......
It will pass.(debt paranoia/fear mongering)
Next week we will all be talking about Iran again
I just know that this will be such a popular post.....such a negative bunch on ATS these days
Clarification: I still have a job because of the tax payer funded construction projects. New highschools and such........edit on 2-8-2011 by liejunkie01 because: Clarification
Originally posted by davidgrouchy
What if it has leaked that the Super Congress is planing to do the right thing
and Wall Street is scared chitless.
?
David Grouchy
In the U.S., the planned takeover of NYSE Euronext by Germany's Deutsche Boerse made waves because it means ceding the storied trading floor on 11 Wall Street to foreign control.
But in Europe, tradition has almost no role to play in reviews of the deal. Regulators are focused instead on how to handle a new company that would be the world's largest exchange and control vast but rather obscure parts of the financial system.
Continental European countries will be eager to use the deal to boost Frankfurt's status as a financial center and compete with New York, Hong Kong and London. But regulators are also worried that they'll create a financial behemoth just as they're trying to increase oversight of the sector in the wake of the 2008 global crisis.
The $10 billion takeover is set to affect big banks, investment funds and rival exchanges around the world, making it one of the biggest regulatory cases of 2011 for the EU's competition watchdog. The first deadline for the European Commission's review is Thursday, but the regulator is widely expected to launch a deeper examination of potential competition threats that could drag on until the end of the year.
First, the creation of a potentially dominant venue for derivatives trading — by combining Deutsche Boerse AG's Eurex and NYSE Euronext's Liffe. Second, the consequences of linking this huge derivatives exchange to Deutsche Boerse's integrated business model, in which trades are channeled to its own clearing house.
A clearing house acts as an intermediary between buyers and sellers, collecting fees and collateral to absorb losses in case one party defaults, and has traditionally been independent of the exchange.
"Are there a lot of monopolistic elements in this formation? Yes there are," said Diego Perfumo, an exchange analyst at Equity Research Desk in Connecticut.
Originally posted by w3nd1g0
Originally posted by galactictuan
reply to post by buni11687
Did I mention ET Disclosure is deeply connected with the financial crash?
Do you have any further info on this apparent "deep connection" between the two mate?
Very curious as i have heard this mentioned from various source in the past 2 years.
Thanks
Originally posted by liejunkie01
At least the government is still spending.
At least I still got a job........As well as thousands of other hard working individuals.......
It will pass.(debt paranoia/fear mongering)
Next week we will all be talking about Iran again
I just know that this will be such a popular post.....such a negative bunch on ATS these days
Clarification: I still have a job because of the tax payer funded construction projects. New highschools and such........edit on 2-8-2011 by liejunkie01 because: Clarification