Shady bid by Chinese for the Chicago Stock Exchange.
If you have been following, you’re aware that there is a great deal of pressure on congress and President Obama to review a planned acquisition of the Chicago Stock Exchange. The question many are asking, does it create a national security risk or risk to companiees traded there?
This move would add resources and give the Chinese firm Chongqing Casin Enterprise Group of China a place int he $22 trillion US equities marketplace.
There are many who believe after the government reviews this case and the firms lack of transparency. They will find it hard not to block the deal.