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NYSE and NASDAQ closing on Friday to honor Reagan

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Michael Costello Donating Member (179 posts) Send PM | Profile | Ignore Mon Jun-07-04 04:20 PM
Original message
NYSE and NASDAQ closing on Friday to honor Reagan
http://www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=5363222

"President Reagan was a great champion of free people and free markets," said NYSE Chief Executive John Thain in a statement. "He believed strongly in the ability of capitalism to foster opportunity and prosperity. It is appropriate that the nation's markets on Friday will honor President Reagan's contributions to freedom and democracy."
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-07-04 04:25 PM
Response to Original message
1. That makes sense.
Let's honor the staunch capitalist by shutting the markets down and forcing traders to pay their respects.
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NewYorkerfromMass Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-07-04 04:30 PM
Response to Original message
2. It pisses on the non salaried employees
like cab drivers, bagel cart guys etc....
It's classic "trickle down" Reagonomics, only they end up getting "trickled on" just like Kerry said.
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