General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChina Buying Chicago Stock Exchange!
This doesn't sound right to me. China investors buying us out.
What the?
When are WE going to get it that we must bring America back home?
We are bleeding from all areas of life. You name it, the list is long and diverse.
Michael Moore's "SLACKER UPRISING" movie is what we need to do for "We The People". Wake up America! before we lose it.
Chicago Tribune:
http://www.chicagotribune.com/business/ct-chinese-investor-group-buying-chicago-stock-exchange-20160205-story.html#
CNN:
http://money.cnn.com/2016/02/05/investing/china-buys-chicago-stock-exchange/index.html
erpowers
(9,438 posts)It seems the Chinese and Chinese group are buying a large amount of American companies. I believe the Chinese have bought AMC, Smithfield, or some other pork producing company, and now the Chicago Stock Exchange. I think they may have also recently purchased a major hotel from the Hilton brand. I think the hotel was in New York.
I think a number of foreigners own American hotels and businesses. I think Saudis and Iranians own hotels in New York and Texas. The Sultan of Burnei owns the Beverly Hilton and a few other hotels. A French company now owns Budweiser. A Japanese company now owns Jim Beam. So, the world already owns a number of American brands.
I have learned that the meme regarding 'government is bad' and 'deregulation is good' is to the detriment of America. We need regulation regarding America being bought.
postulater
(5,075 posts)Respect 88
(67 posts)Its a stock exchange that was bought by China investors.
mucifer
(25,602 posts)He is so awesome! My mayor.
Respect 88
(67 posts)What happened? One would think he was a good guy.
I am learning about the degree of corruption at all levels of our government.
Bernie is the first one I felt I could really trust.
Go Bernie!
mucifer
(25,602 posts)one became governor of Illinois. He became mayor of Chicago.The two of them are now duking it out while our state and city are in shambles. Both of them trying their best to sell off pieces of the city and state while the small non profits are starved of funds and are starting to shut down.
It's great to be in Chicago, IL.
Recursion
(56,582 posts)CHX is a publicly traded company, like most exchanges are now. Its holding company (which already included Chinese investors) was losing money and agreed to a deal with a bunch of Chinese investors to sell the controlling shares of the exchange.
Is the mayor of Chicago supposed to be able to do something about that?
Recursion
(56,582 posts)Not really sure why the movement of a majority of shares of a tiny exchange seems to bother people so much.
