Wednesday, January 11, 2012

Opportunists seeks to merge the global investments boards.

Wall Street never cease to provide audacity to reality.

...European regulators appear set to shoot down a controversial deal that would have seen Germany's largest stock exchange buy the New York Stock Exchange.
In a video message sent to employees of the Big Board on Wednesday, the chief executive of NYSE Euronext, Duncan Niederauer, acknowledged the growing rumors that European regulators are preparing to reject the deal due to fears that the new company would violate antitrust laws.
NYSE Euronext and the German exchange, the Deutsche Boerse, announced in February that the German company would acquire the New York exchange and its web of global subsidiaries in an exchange of stock.
Niederauer said Wednesday morning that he and his counterpart at the Deutsche Boerse had not received a final decision from the European Commission, but he expressed his disappointment that the combined company is being viewed as a monopoly threat....

There is so much 'liquidity' in the global financial sector they are trying to create a giant monopoly of the financial markets.  Every global market has been approached about a consolidation.  The monopolies have been denied for the most part. 

The global financial crisis is not about envy.  It is not about class warfare.  It is about the power of the global plutocracy that would like to dissolve the sovereignty of every country in their way.

The serious imbalance between the wealthy and the poor is globally profound.  If Wall Streets were to own the entire global financial network under a single Board of Trustees or ownership there would be no removing the poor standard anywhere.  Their power would be all inclusive, including the ability to manipulate monetary policy.

If anyone believes for one minute Romney doesn't know this is a goal for his 'equity industry' they believe in the magic of Frosty the Snowman, too.

Romney is not a nice man.  He is ruthless and he is typical of Republicans that hide behind their godliness and holier than thou attitude.