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	<title>LSE Latest - Supporting an Independent London Stock Exchange &#187; New York</title>
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		<title>Fed cuts rates to head off world recession</title>
		<link>http://www.lselatest.com/2008/01/22/fed-cuts-rates-to-head-off-world-recession/</link>
		<comments>http://www.lselatest.com/2008/01/22/fed-cuts-rates-to-head-off-world-recession/#comments</comments>
		<pubDate>Tue, 22 Jan 2008 15:27:39 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[LSE]]></category>
		<category><![CDATA[London Stock Exchange]]></category>
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		<description><![CDATA[The United States&#8217; Federal Reserve has intervened dramatically to cut base rates by a whopping 75 basis points or 0.75 percent, indicating that it regards recession as a real threat to the US economy. This is the single biggest cut by the Fed in 20 years. Despite the out-of-synch announcement, the markets are currently less [...]]]></description>
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		<title>NYSE-Euronext loses Thain to Merrill</title>
		<link>http://www.lselatest.com/2007/11/21/nyse-euronext-loses-thain-to-merrill/</link>
		<comments>http://www.lselatest.com/2007/11/21/nyse-euronext-loses-thain-to-merrill/#comments</comments>
		<pubDate>Wed, 21 Nov 2007 16:28:02 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[John Thain]]></category>
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		<description><![CDATA[NYSE-Euronext suffered its first major setback last week as CEO John Thain, 52, looked poised to replace Stan O&#8217;Neal as boss of Merrill Lynch. Wall Street was shocked at the news as Larry Fink had seemed quids in for the post. Thain was formerly President of Goldman Sachs. The move leaves a hole at the [...]]]></description>
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		<title>Implications of London&#8217;s financial dominance</title>
		<link>http://www.lselatest.com/2007/11/08/implications-of-londons-financial-dominance/</link>
		<comments>http://www.lselatest.com/2007/11/08/implications-of-londons-financial-dominance/#comments</comments>
		<pubDate>Thu, 08 Nov 2007 16:56:54 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[LSE]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[London Stock Exchange]]></category>
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		<description><![CDATA[CurrencyTrading.net has an interesting piece titled, 12 Surprising Implications of London&#8217;s Replacing New York as the World&#8217;s Financial Center by Jessica Hupp. Here&#8217;s just one of the &#8220;implications&#8221; : &#8220;Financial regulation: After scandals like Enron, the financial industry is more heavily regulated. The Sarbanes-Oxley Act required lots of tightening of financial controls. As a result, [...]]]></description>
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		<title>More business leaving New York for London</title>
		<link>http://www.lselatest.com/2007/07/11/more-business-leaving-new-york-for-london/</link>
		<comments>http://www.lselatest.com/2007/07/11/more-business-leaving-new-york-for-london/#comments</comments>
		<pubDate>Wed, 11 Jul 2007 15:46:55 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[LSE]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[London Stock Exchange]]></category>
		<category><![CDATA[Nasdaq]]></category>
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		<description><![CDATA[American regulatory filings show that 35 foreign companies have delisted from American stock exchanges since April. Rising costs, over-regulation and a culture of litigation have been cited as reasons for the exodus. In addition, US investors are preferring to buy stocks directly in overseas markets rather than from secondary listers in America. British Airways, Danone [...]]]></description>
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