Daily Archives: February 15, 2011

NYSE and d bourse to merge–that’s German to you

So the rumor about the merger between the New York Stock Exchange and Germany’s largest stock exchange turned out to be true. On Tuesday, NYSE Euronext and the Deutsche Borse announced they were merging. The deal will create the largest stock exchange in the world. It may also create more volatility in the market and potentially lead to more investment bubbles. So while the deal makes sense for the exchanges, whether it turns out to be a good thing for investors is another story.

While they are calling the deal a merger, it is really a takeover. The Deutsche Borse will hold 10 of the 17 seats on the combined companies new board. The companies, though, have not agreed on a name yet, something Senator Chuck Schumer has been making a fuss about.


Lara Logan got jumped, Abdul axed, Edwards prison

Logan was Sexually assaulted in Cairo, Paula Abdul new dance show gets the ax, and Edwards could be headed for prison after mellon testimony.

“Night Catches Us” coming to Netflix streaming

In 1998 Reed Hastings founded Netflix, the lar...

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There are so few of us on the big screen and movies that star or talk about black issues I can’t wait to see this one. I was on my Netflix queue and then I noticed that it will be instant in the next few days or weeks.  So, if you have Netflix you can wait or find another way to see this film. Kerry Washington is in it.  Can’t review it because I have not seen it yet.