The NASDAQ Takeover of the LSE

 

This takeover must be resisted at all costs, as the two long arms of American law and economic imperialism will make sure that the LSE is neutered and no threat to their interests. We have seen how the NatWest Three, gambling executives and others have fallen foul of US law, without committing any offences in the UK or in many cases the rest of the world.

America must also get its own financial house in order.

Every day, I get about 6,000 spam messages in my spam trap, which I analyse for threats, frauds and crooks. About 2,000 of these are promoting worthless US stocks in so-called "Pump and Dump" scams. Far from stopping this perversion, the US seems to be turning two blind eyes, as the number has tripled in the last six months.

America is ruining its own financial markets by its behaviour and now it wants to ruin ours.