Long before German deal, NYSE was mostly symbolic (AP)

NYSE Euronext CEO Duncan Niederauer speaks as the executive board of Deutsche Boerse appears by video conference during a news conference at the New York Stock Exchange, Tuesday, Feb. 15, 2011. The NYSE and Deutsche Boerse announced Tuesday that they plan to merge. (AP Photo/Mark Lennihan)AP – Why would anyone want to sell a centerpiece of capitalism like the New York Stock Exchange? Because despite its fame and its fabled floor, it’s a lousy way to make money.


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