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DFW

(59,135 posts)
15. With any luck, a REALLY long time.
Sun Oct 5, 2025, 07:58 AM
Oct 5

I hope that because I hope that most major companies that have any sense at all will stay with the NYSE (or NASDAQ, or whatever), and not opt to go to a place governed by the likes of Greg Abbott. A place with a State Government as corrupt as Republican Texas will not be as inviting to legitimate companies, who depend on serious, competent and vigilant oversight for the exchange where their shares are traded. Therefore if Enron-like companies, who offer what Belmondo called in one of his films "une belle envelope avec rien dedans (a pretty envelope with nothing inside) " are allowed to sell their shares on the Dallas exchange, go ahead. When they collapse, and their exchange oversight tells shareholders, "too bad, better luck next time," see how many companies will rush to be traded there. What will be their flagship stock? My Pillow?

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