Quote from clacy:
There is a ZERO percent chance that the US will allow Germany to impose anything like this on US securities regardless of who owns the NYSE.
Even the Dems wouldn't want to allow that to become a political issue in the 2012 elections and after that it's a moot point, as the Republicans will likely control both houses of congress, and it's a coin flip on the Presidency.
Well, you're probably right. But this is Germany's plan, though it may be destined to fail. Just look at the language in Merkel's party's statement--first EZ, then EU, then US. It's conspicuously expansionist, an avowed strategy to meddle in the domestic affairs of its competitors.
Certainly wouldn't be the first time Germany, misreading the enemy, has shot itself in the head. If memory serves, they've launched and lost a couple of world wars that way.
"History does not repeat itself, but it does rhyme." -- Mark Twain