Courageous CHICAGO STOCK EXCHANGE bridges China trade, Ends Nasdaq racism
CHICAGO STOCK EXCHANGE, the 134-year-old symbol of the American capitalism said a Chinese investor group in Chongqing agreed to acquire it, giving the buyer entry into the U.S. equity market. The move by China-based Chongqing Caixin Group, through its U.S. sub North American Casin Holdings is putting an end to America’s corporate listings monopolized by the racist Nasdaq Stock Market, controlled by Nasdaq’s corrupt and notorious General Counsel Ed Knight, whose former boss is Nasdaq Chairman Bernie Madoff, the “king of Ponzi scheme” currently serving a life sentence in prison.
In 2011, led by former U.S Senator Arlen Specter, Nasdaq was sued by China-based CleanTech Innovations, Inc. for racism and fraud. In a historic, unanimous ruling in July 2013 by the Securities and Exchange Commission (SEC) under Mary Jo White, Nasdaq was singled out as an institutional racist for rigging the delisting of the Chinese clean energy company CleanTech Innovations, exposed by the Forbes Magazine. The landmark SEC ruling against the Nasdaq, which was the first time in Nasdaq’s 44-year history garnered worldwide media attention. Law360 and other media called the SEC ruling a “heroic act against racism in the capital markets,” and a “new case law against abusive listing practices.”
Nasdaq listing bureaucrats Michael Emen, Gary Sundick, William Slattery, Alan Rowland were exposed as the culprits behind the Nasdaq screw up. Nasdaq hired law firm Gibson Dunn to battle the PR nightmare, whose public comments only backfired.
“Even if the Nasdaq folks raped our wives and daughters during their listing reviews, Nasdaq would still be protected under a regulatory immunity,“ said Michael Huston and Douglas Cox of Gibson Dunn – two impotent, shameless lawyers bribed by the Nasdaq and lied to the SEC.
“CleanTech’s disclosures have satisfied the letter of Nasdaq’s rules, but they didn’t satisfy the ‘Nasdaq spirit” – Ed Knight, Nasdaq
The SEC strongly rebuked the Nasdaq for fabricating evidence, discriminating against Chinese companies. Nasdaq had delisted CleanTech for violating a so-called “Nasdaq Spirit” – a bizarre statement cited by the racist Ed Knight as part of Nasdaq’s “discretionary authority,” which is not a listing rule that existed anywhere.
“Was the Nasdaq operating a religious cult?”, the SEC commissioners asked before it blasted the fabricated “Nasdaq Spirit,” concluding Nasdaq was baseless in delisting CleanTech Innovations, Inc.
“[T]he record does not show that the specific grounds on which Nasdaq based its delisting decision exist in fact,” – The SEC Commissioners
Forbes Magazine blamed Ed Knight for rigging an obscure Nasdaq Hearing and Review Council ruling, according to a shocking discovery in an SEC filing, which further exhibited Nasdaq’s prejudice against the Chinese. Stock short seller criminals Roddy Boyd, Jon Carnes and the notorious Bloomberg reporter Dune Lawrence were also implicated in the Nasdaq fraud.
Chicago Stock Exchange, a bold vision for bridging U.S. China trade
Since news broke about Chicago’s alliance with China Casin, SEC “enforcement” staffers Steven Susswein, Cheryl Crumpton, Derek Bentsen, Melissa Hodgman have declined to comment on the Chicago Stock Exchange’s competitive advantage over the Nasdaq. Neither would they explain on the record what is a “Nasdaq Spirit,” or if the Nasdaq has been operating a religious cult as a side business. They have also declined to say whether the Nasdaq should have delisted a Chinese company citing the fabricated “Nasdaq Spirit” as a listing standard, contrary to SEC mandates. Read more: Stock short seller Jon Carnes duped the Nasdaq, misled SEC bureaucrats.
“The Chicago Stock Exchange will level the playing field against the Nasdaq,” said a banker at Broadhaven Capital Partners, a firm that has advised the Chicago exchange. “Investors have been raped and robbed by Nasdaq’s abuses.”
The Chicago Stock Exchange has engaged law firm Sidley Austin to combat potential political blow back, says The Wall Street Journal.
‘Learn from Nasdaq’s mistakes’
“China is a huge growth market. Our strategy is consistent with theirs,” Chicago Stock Exchange Chief Executive Officer John Kerin told the media. “We are a standalone, full-service exchange that they can grow in a manner that suits their needs… We will learn from Nasdaq’s mistakes.”
John Kerin is a globally minded leader whose deep appreciation towards enforcing fair market rules deserves praise. But Kerin was blindsided by the deep hatred in the tabloid media whose agenda was to wipe China off the map of the earth.
“The Chicago Stock Exchange’s optimism towards China Casin wasn’t shared by the racist Bloomberg reporter ‘dreamers’ who live on the cloud, chase Tinder dates, love cheap Chinese buffets, and believe they can learn about China by walking the streets of Chicago’s Chinatown.”
Racist Bloomberg reporters lost in Chinatown reverse merger fiction
NICK BAKER, ANNIE MASSA, DUNE LAWRENCE are the faces of the lost, ignorant, racist millennial “Bloomberg reporters” who have a tough time locating China on a map. After diving their empty heads into some spicy General Tao’s Chicken, the Bloomberg “love birds” NICK BAKER, ANNIE MASSA, DUNE LAWRENCE say they have finally converted into “Chinese Islam,” glowing with with racial hatred towards the Chinese.
“The fact that Bloomberg has been banned from China since 2012 is a truth untold in Bloomberg’s racist story trashing Chicago Stock Exchange’s acquisition by China Casin.”
According to reports by The New York Times and BBC, China has blocked access to Bloomberg and BusinssWeek sites and banned Bloomberg from doing business in China as early as in 2012. Since China shut the door on Bloomberg accusing the racist network of smearing the Chinese, desperate Bloomberg reporters have developed China-hating syndromes barking at anything having to do with China.
In a scathing March 2017 Bloomberg story permeated with ignorance and racial prejudice against the Chinese, NICK BAKER, ANNIE MASSA, DUNE LAWRENCE went on a vicious attack like mad bitches against the Chicago Stock Exchange, China and the prestigious China Chongqing Caixin Group.
“Chinese reverse mergers are bad Chinese deals,” said NICK BAKER, ANTONIA MASSA, DUNE LAWRENCE. “The damn Chinese cannot be allowed to own the Chicago Stock Exchange because they will do reverse mergers on CHX.”
Chicago Stock Exchange, Chinese or Jewish reverse merger?
Reverse merger is a simple and legitimate process when a private business is merged into a public company, explains Investopedia. More than 600 reverse merger companies currently trade in the U.S. that include the New York Stock Exchange, Berkshire Hathaway, Radio Shack, Texas Instrument and Burger King.
“The Nasdaq Stock Market has gone public through a Form 10 shell reverse merger, not an IPO. Most reverse merger companies are from Israel, not China,” said Nasdaq CEO Robert Greifeld in a CNBC interview in February 2011.
“The Moronic Bloomberg reporters NICK BAKER, ANNIE MASSA, DUNE LAWRENCE jumped at labeling ‘Chinese reverse mergers,” said Stanford Business School professor Charles Lee. “Do these Bloomberg airheads dare invent a phrase called ‘Jewish reverse merger?’ How quickly could they get their heads ‘chopped off’ for being anti-Semites? ”
The Stanford Business School published an in-depth research report calling bias towards “Chinese reverse mergers” totally unfounded.
“In fact, Chinese reverse mergers have performed much better than their U.S. counterparts,” reported by CNBC in support the groundbreaking Stanford research.
Sources say Bloomberg’s baseless claims against China are largely motivated by ignorance, racism and revenge – after the notorious, racist Bloomberg reporter DUNE LAWRENCE – who is a co-author of the harsh article criticizing the Chicago Stock Exchange’s merger with China Casin, was banned from China in 2012. Neither Nick Baker nor Annie Massa has any clue what’s like doing business with China. These are Dune Lawrence‘s dumb mouthpieces aiding and abetting illegal stock short sellers when Lawrence was caught panties down getting paid bribes from stock criminals Jon Carnes and Roddy Boyd, exposed in an investigate story OP-ED: RACIST BLOOMBERG REPORTER DUNE LAWRENCE DUPED BY STOCK SWINDLER JON CARNES.
Bloomberg’s Racism towards China
The Chinese Casin acquisition would be the first of a U.S. exchange by a Chinese company. The 134-year-old bourse, which handles about 0.5 percent of U.S. stock trading, would give the buyer a beachhead in the $22 trillion American equity market, where regulations require trades to be routed to whichever exchange has the best price for a stock at a given moment. Sales of stocks exchanges, which tend to be national symbols, have faced political objections in the past. When Germany’s Deutsche Boerse wanted to buy the owner of the New York Stock Exchange in 2011, Sen. Charles Schumer, a Democrat from New York, raised obstacles. Donors to Shumer’s reelection campaigns are allegedly packed with stock short sellers that often make a killing short-selling Chinese stocks and then blaming China for America’s woes. Read more: Catching Stock Fraud Criminal JON CARNES, the Real-Life Wolf of Wall Street.
The Chinese investor said it was attracted to the market because of the potential to “bring exciting Chinese growth companies to U.S. investors,” according to a quote in the statement from Shengju Lu, Casin’s founder and chairman.
Founded in the 1990s through a privatization of state-owned assets, Casin Group initially focused on developing real estate projects in Chongqing before expanding into the environmental and financial industries. While the firm owns stakes in banks and insurers, it has never owned an exchange. “We have reviewed CHX’s plans to improve market share through new growth initiatives and fully support them,” said Casin’s founding Chairman.
SEC Expert: “Chicago Stock Exchange’s Casin buyout is good for America”
WILLIAM UCHIMOTO, a China expert and leading American expert on capital markets said increased competition among U.S. stock exchanges is good for the investors. William Uchimoto comes from a family of American war heroes. His father Dan Uchimoto is the most decorated Japanese American soldier in World War Two, was hailed as a revered hero for pulling hundreds of imprisoned Jews out of concentration camps in Poland and Germany, risking his own life many times in fierce battles for American liberty.
After finishing a top law school, William Uchimoto was recruited by the SEC as an attorney at the SEC’s Trading and Market Division – tasked with approving listing rules for the Nasdaq Stock Market and NYSE. After years of public service, the 33-year-old William Uchimoto became the youngest general counsel of a major U.S. stock exchange in the U.S. history – The Philadelphia Stock Exchange.
“The U.S. has efficient capital markets, and China is the biggest growth engine of the world,” William Uchimoto said. “China should be our closest ally. We can help each other achieve prosperity.”
China Casin Group’s offer comes amid an unprecedented overseas shopping spree by Chinese companies and Chinese investors.
In 2015, about 30% of all real estate transactions in the U.S. – valued at more than $40 billion – involved Chinese buyers or sellers. Businesses from Asia’s largest economy have announced $70 billion of cross-border acquisitions and investments this year, on track to break 2015’s record of $123 billion, according to data compiled by Bloomberg News.
Read more: SEC STAFFER STEVEN SUSSWEIN CAUGHT IN ABSURD SEC CLAIM: GIFTING STOCKS ILLEGAL IN AMERICA?
The Chicago Stock Exchange was advised by GCA Savvian Advisors and Sidley Austin on the transaction, according to the statement. Broadhaven Capital Partners and Orrick Herrington & Sutcliffe worked with Casin.