For those of you who still think the NY in NYSE stands for New York (because you see a TV picture from their NY studio each morning – quaintly still called the “Trading Floor”)… the French man responsible for merging Europe’s dominant electronic trading system EuroNext into the former New York Stock Exchange making the NYSE a truly global business – has decided to “retire”.
I’m sure this has absolutely nothing to do with the US President and Congress proposing punitive income tax rates, Andrew Cuomo suing to get the names and salaries of people on “Wall Street” so thugs from ACORN can show up at their houses to extort money from them, and the Governor of New York saying that if he knew raising taxes would make rich people leave New York (Rush Limbaugh), he would have done it sooner. Nothing at all.