[With obama nothing more than a mouthpiece for the obama Handler Group, presumably chaired by George Soros, bett'cha "dollars-to-donuts" that obama starts pushing the attributes of India. The push will probably wait until the Soros/BSE negotations are complete.]
George Soros is closing negotiations with Dubai Holdings to buy a 4% stake in the Bombay Stock Exchange (BSE). Soros Fund Management is planning to pay about $40m for its stake, valuing Asia’s oldest bourse at about $1bn, said a person involved in the negotiations. The deal is the latest in a series of strategic investments in India’s stock and derivatives exchanges, which are diversifying into new asset classes and embracing new technologies to attract so-called “high-frequency” traders.
The deal is the latest in a series of strategic investments in India’s stock and derivatives exchanges, which are diversifying into new asset classes and embracing new technologies to attract so-called “high-frequency” traders.
While the U.S. tries to clamp down on high-frequency trading, India is opening its arms to technology.
Will Gary Berntsen Use This Information?
[This shows definite benefit for Gary Berntsen, "Chuckie's" GOP opponent, to ensure that every New York State household has this knowledge!! A clear illustration that no matter the number or severity of offenses, "Chuckie Cheese" and The Invisible Senator will support any crooked obamacRAT, so long as they can do something for Schumer then by default, Gillibrand.]
Democratic leaders and major party donors plan to hold a lavish 80th birthday gala for Rep. Charles Rangel (D-N.Y.) at The Plaza Hotel in Manhattan next month, despite 13 ethics charges pending against the veteran lawmaker. Lobbyists and other party donors received invitations this week to join Sens. Charles Schumer (D-N.Y.) and Kirsten Gillibrand (D-N.Y.) and New York Gov. David Paterson (D) at one of New York’s finest hotels to celebrate Rangel’s birthday.
Some guests received the invitation a day after the House Committee on Standards of Official Conduct issued a report accusing Rangel of 13 ethics violations. Some Democrats think Rangel has become politically radioactive, and the invitation lists various enticements to get people to show up to his birthday bash and contribute to his campaign. Aretha Franklin, the “Queen of Soul,” will sing to guests, who will pay $200, $500, $1,000 or $2,500 for tickets. The money will go to the Rangel Victory Fund, a campaign account.
It remains to be seen whether the leaders of the New York Democratic Party will stay in Rangel’s corner when a growing number of Democrats in Washington are backing away from him. Several House Democrats such as Rep. Mike Arcuri (D-N.Y.) and Rep. Betty Sutton (D-Ohio) have called on Rangel to resign. Others, such as Rep. Brad Ellsworth (D), who is running for Senate in Indiana, have returned past campaign donations from Rangel.
"Chuckie-Cheese" Schumer and (The Invisible Senator) Gillibrand are running for re-election this year but believe they're invincible, without serious opposition. So far they have not abandoned Rangel. Schumer gave $10,000 from his leadership political action committee to Rangel’s campaign account at the end of June.
Til Nex'Time....
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