|
|
 |
02-15-2011, 06:49 PM
|
|
US Veteran
|
|
|
Join Date: Oct 2005
Location: KY
Posts: 3,568
Likes: 4,482
Liked 1,189 Times in 509 Posts
|
|
German stock exchange( ex NYSE )
As I understood the news today the New York stock exchange is up for sale to a German firm. Is America for sale in pieces now?
|
02-15-2011, 07:23 PM
|
 |
Member
|
|
|
Join Date: Mar 2002
Location: Santo las nubes, Florida
Posts: 9,004
Likes: 9,236
Liked 14,709 Times in 4,706 Posts
|
|
I'm pretty sure that's a done deal. Foreigners have owned big pieces of America for 50 years. Today's prices are "distressed." Joe
__________________
Wisdom chases me; I'm faster
|
02-15-2011, 08:17 PM
|
 |
Member
|
|
|
Join Date: Jan 2011
Posts: 1,238
Likes: 369
Liked 1,223 Times in 386 Posts
|
|
^ yup, i was going to say that pieces of america were sold off years ago and more pieces will continue to be sold.
|
02-15-2011, 09:22 PM
|
 |
Member
|
|
|
Join Date: Feb 2009
Location: Kansas
Posts: 1,366
Likes: 279
Liked 63 Times in 42 Posts
|
|
None of this would be sold to foreigners unless they are the high bidder. All it takes is money and apparently no American concern was interested in paying that high of a price.
|
02-15-2011, 09:43 PM
|
|
US Veteran
|
|
|
Join Date: Mar 2010
Location: Central Texas
Posts: 2,601
Likes: 8,743
Liked 1,813 Times in 797 Posts
|
|
Given America's corporate income tax, I can see why no American company bid. German, and most other foreign corporations don't pay the taxes that our do,, that is the corporations we have left that have not moved overseas, to excape taxes.
|
02-15-2011, 10:21 PM
|
|
Member
|
|
|
Join Date: Mar 2002
Location: Santo las nubes, Florida
Posts: 9,004
Likes: 9,236
Liked 14,709 Times in 4,706 Posts
|
|
Yes the corporate tax rate averages around 30%. Except for GE @ 3.5% who coincidentally owns a controlling interest in 1600 Pennsylvania Ave. Joe
__________________
Wisdom chases me; I'm faster
|
02-15-2011, 10:30 PM
|
|
Member
|
|
|
Join Date: Jul 2005
Location: NC
Posts: 30,786
Likes: 57,915
Liked 53,029 Times in 16,537 Posts
|
|
Es ist beschlossene Sache 
__________________
Sure you did
|
02-15-2011, 10:37 PM
|
 |
US Veteran
|
|
|
Join Date: Apr 2009
Location: The Treasure Coast
Posts: 13,189
Likes: 24,816
Liked 17,189 Times in 6,133 Posts
|
|
I don't know about the numbers but it doesn't surprise me.
But it's worth it because I'll die hugging my favorite tree so we can go bankrupt in this country. 
I think we'll keep the property in Germany for a while. Don't let me kid you,it wouldn't sell anytime soon because the econ ain't doing so well there either.
Yep,We're selling out and ain't putting out.
__________________
Dum vivo cano
|
|
Posting Rules
|
|
|
|
|
Linear Mode
