?

Log in

No account? Create an account

Previous Entry | Next Entry

Say what?!?

My lack of financial awareness is about to really show. I had no idea that that New York Stock Exchange was something that could be sold or acquired.

Yet it's not April 1st. The breaking news headline on CNN International reads:

"New York Stock Exchange to be bought by IntercontinentalExchange for $8.2 billion."

Toddling off to get more educated....

Comments

( 6 comments — Leave a comment )
thinkum
Dec. 20th, 2012 02:10 pm (UTC)
It's a weird old world, isn't it? Sort of makes me long for the days of bartering goods in the local marketplace...
drplokta
Dec. 20th, 2012 02:51 pm (UTC)
Generally speaking, someone owns the local marketplace as well, and charges traders to set up their stalls. Same principle.
fredcritter
Dec. 20th, 2012 06:33 pm (UTC)
Except when we set up the local marketplace in the commons. Oh. Wait. They own that now too, don't They? What a tragedy.
quadong
Dec. 20th, 2012 04:41 pm (UTC)
Does it just mean the building?
bschilli
Dec. 20th, 2012 06:01 pm (UTC)
It means the corporation. The Intercontinental Exchange is another corporation.
lauriemann
Dec. 20th, 2012 11:24 pm (UTC)
Almost anything can be bought or sold. Especially the government...;-
( 6 comments — Leave a comment )

Profile

Geri 2014
gerisullivan
Geri Sullivan

Latest Month

April 2017
S M T W T F S
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Tags

Powered by LiveJournal.com
Designed by Ideacodes