“I think it’s a terrible idea and I hope it can be stopped,” former Goldman...


“I think it’s a terrible idea and I hope it can be stopped,” former Goldman Sachs (GS) co-chair John Whitehead says of the NYSE’s (NYX) plan to be acquired by Germany’s Deutsche Boerse (DBOEY.PK). “It would be an insult to New York City, and New York State, and indeed to all America.”
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Comments (10)
  • doubleguns
    , contributor
    Comments (9264) | Send Message
     
    BS flag at full staff.

     

    They are aftaid their SEC buddies wont have thier back in all their fraudulent trades, insider trading, stock manipulations etc.... that they get involved with. In otherwards the gig could be up. THAT is why they do not like this deal.

     

    Maybe we will see a perp walk some day after all from GS crooks.
    11 Feb 2011, 10:45 AM Reply Like
  • Ken Solonika
    , contributor
    Comments (164) | Send Message
     
    "I think it's a terrible idea...an insult to America," said GS.

     

    How dare Germany treat Whitehead's manservant like this.
    11 Feb 2011, 10:46 AM Reply Like
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    Hey, at least the Germans know how to remove snow from roads...
    11 Feb 2011, 10:55 AM Reply Like
  • Lakeaffect
    , contributor
    Comments (1330) | Send Message
     
    Foreign buyouts of American businesses has been happening all around the USA. (Look at Chesapeake's recent sell of NG fields to China, for example.) These transactions are done with the aid and abettance of the same guys who are now whining about a German takeover of their little Toy.

     

    Perhaps someone should tell these guys that things like this happen when you are the biggest debtor in the world and your creditors decide that your IOU's are not worth so much anymore.

     

    And, what gives these guys the idea that the rest of America gives a damn if NYC gets insulted? Heck. NYC doesn't even care about a blizzard coming across the country until it hits their town. Then it's a national emergency suitable for 24/7 coverage on all the mainstream press.
    11 Feb 2011, 11:12 AM Reply Like
  • KillerKev24
    , contributor
    Comments (18) | Send Message
     
    Goldman Sachs is an insult to humanity....
    11 Feb 2011, 11:29 AM Reply Like
  • Duude
    , contributor
    Comments (3405) | Send Message
     
    I wonder about the odds of the US government pursuing an anti-trust action. Europe does it regularly when American firms acquire European firms.
    11 Feb 2011, 11:37 AM Reply Like
  • doubleguns
    , contributor
    Comments (9264) | Send Message
     
    Duude the chances are very high. GS owns the govt.
    11 Feb 2011, 11:39 AM Reply Like
  • elliotz
    , contributor
    Comments (251) | Send Message
     
    The merged company would still be owned mostly by Americans. I read somewhere yesterday that the American investor will own something like 60% of the outstanding shares of the new company because they already own a large chunk of Deutsche Börse AG.
    11 Feb 2011, 12:04 PM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
     
    “It would be an insult to New York City, and New York State, and indeed to all America.”
    And it wasn't an insult we you guys ran oil to $150 or shorted the hell out of stocks.
    11 Feb 2011, 12:04 PM Reply Like
  • Bozerdog
    , contributor
    Comments (463) | Send Message
     
    I would like to ask Mr. Whitehead what he has done for this country, New York City or State. Please do tell.
    11 Feb 2011, 12:12 PM Reply Like
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