OT; Stock Exchange

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Model T Ford Forum: Forum 2012: OT; Stock Exchange
Top of pagePrevious messageNext messageBottom of page Link to this message  By Richard Wolf on Thursday, December 20, 2012 - 11:48 am:

How do they sell the NYSE?????????


Top of pagePrevious messageNext messageBottom of page Link to this message  By Ricks - Surf City on Thursday, December 20, 2012 - 12:05 pm:

I guess you could compare it to an auction house.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Bob McDonald-Federal Way, Wa. on Thursday, December 20, 2012 - 12:28 pm:

Was t sold to China or the Arabians ?

Bob


Top of pagePrevious messageNext messageBottom of page Link to this message  By Richard Wolf on Thursday, December 20, 2012 - 12:57 pm:

Well, it was suppose to be sold to a company in Atlanta, Ga. You know how that goes.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Dave Dufault on Thursday, December 20, 2012 - 01:02 pm:

http://www.bbc.co.uk/news/business-20802445


Top of pagePrevious messageNext messageBottom of page Link to this message  By George_Cherry Hill NJ on Thursday, December 20, 2012 - 02:56 pm:

Bob

I think on this one the Chinese might have been a better choice as their greenbacks have at least been through an economy at least once!

These guys that bought it apparently came out of nowhere, their assets consist of things called DERIVATIVES which i never understood anyway other than everyone was blaming something called the same thing for the financial crisis a while back. Something to do with monopoly money or something like that.

Then again I see where they paid 38% or over value to buy it, and in another place see that just coincidently the actual cash was about that much, the rest was a stock swap. If we're all still around come Saturday, the next Dan Brown novel will probably reveal that original Mayan calendar was buried under the pit at NYSE. :-)


Top of pagePrevious messageNext messageBottom of page Link to this message  By Ricks - Surf City on Thursday, December 20, 2012 - 03:35 pm:

Oh, great; another leveraged buyout: followed by stealing the assets and bankrupting the company. Call it Twinkie 2.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Wayne Sheldon, Grass Valley, CA on Thursday, December 20, 2012 - 05:48 pm:

I know, it said OT. I really didn't need to read this. I have been saying for more than a decade that our entire economy has become nothing more than a "house of cards".
Drive carefully, and do enjoy the holidays! We will still be here, although I am definitely ready for a "new age of enlightenment"!. W2


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