Wall Street chorus hears a few new voices

15

February, 2011

As expected, the chorus on Wall Street has been largely applauding the potential takeover of NYSE by Deutsche Bourse.  The clones on the Street have trotted out all the usual lines like “global exchange”, “cost savings” and “bigger pool of liquidity”.  We almost felt like we were alone in critiquing this deal and what it says about the US stock exchange model.  But over the past few days, we came across a few other like-minded thinkers.  First there was John Whithead, the former chairman of the

This content is restricted to site members. If you are an existing user, please login. New users may register below.