GINNA wasn’t enough, Energy East wasn’t enough, Schmuckie Schumer facilitated the sale of the NYSE to a foriegn holder just like the other NY commodities.
???NOW He’s ‘worried’ about job loss??? PULLEESSSEEE!!!
Schumer questions potential job loss in acquisition of NYSE
Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. can add the scrutiny of U.S. Sen. Charles Schumer, D-N.Y., to potential obstacles facing their unsolicited takeover bid for NYSE Euronext.
Schumer wrote to the companies asking for data on job losses in their $11.3 billion proposal.
NYSE Euronext, which operates the New York Stock Exchange, rejected the Nasdaq-ICE offer for the second time in two weeks on April 21, citing the potential for layoffs as one of the factors. Instead, NYSE Euronext wants to stick with its agreement to merge with Frankfurt-based Deutsche Boerse.
“I am concerned with the potential impact a Nasdaq-ICE takeover of NYSE Euronext would have on jobs in the New York City area,” Schumer wrote. “This would be a major consideration in judging any potential transaction.”
NYSE Euronext estimates the deal outlined by Nasdaq and ICE would result in 1,000 to 1,100 job losses, about 800 of them in New York City, according to Schumer’s letter. There apparently would be more overlap in that combination than in an NYSE-Deutsche merger.
Schumer, who wields significant influence in New York financial dealings, hasn’t endorsed either proposed merger.<<<I call Bull sh!t Schmuckie, you skunk, you work behind the scene to sell off NY one piece at a time….


