Academic

CHANGE: Running For The Door: German Giants Flee Wall Street. ?With expensive accounting rules, a?

By Glenn Reynolds

CHANGE: Running For The Door: German Giants Flee Wall Street. “With expensive accounting rules, an increased threat of litigation and hundreds of millions of dollars in fines for some firms, the once prestigious New York Stock Exchange and other American markets have become unattractive to Germany’s biggest companies. Daimler and Deutsche Telekom have fled this year and the few remaining are likely to follow.”

Full post as published by Instapundit.com on July 25, 2010 (boomark / email).