LOLOLOL...yeah he really screwed up everything huh? You have to be a real screw up to be president of the United States of America.
I have been around long enough to know that the exchange has closed for every President's death since as long as I can remember. It is a simple case of respect and unity. Grasso would not have even hesitated. What is wrong with our leaders these days. Step to the plate and close the exchanges. Simple.
They must be struggling with the idea that they'll have to bump the CEO of some company that's celebrating their 10th anniversary of being listed on the NYSE if they close on Friday.
CBS Marketwatch says the NYSE announced that they would be closed on Friday - Nasdaq will have to close too - CME will likely close index futures trading too
They just publically stated that the markets will definitely be closed this Friday: http://money.iwon.com/ht/nw/bus/20040607/hl_bus-n07586844.html?PG=home&SEC=news
U.S. Futures, Options Exchanges Close for Reagan's Funeral 2004-06-07 15:26 (New York) U.S. Futures, Options Exchanges Close for Reagan's Funeral By Ann Saphir June 7 (Bloomberg) -- The Chicago Mercantile Exchange, the biggest U.S. futures market, the New York Mercantile Exchange and the New York Board of Trade will join stock markets in closing on Friday to mark the funeral of former President Ronald Reagan. All six options markets -- Chicago Board Options Exchange, the International Securities Exchange, the American Stock Exchange, the Philadelphia Stock Exchange, the Pacific Exchange and the Boston Options Exchange -- will also be closed, their spokespeople said. The Chicago Board of Trade, the second-biggest U.S. futures market, is ``discussing'' closing, said spokeswoman Odyll Santos. The Kansas City Board of Trade is ``working in concert with the other exchanges'' and will announce a decision shortly, said spokeswoman Shelia Summers. Futures are agreements to buy or sell assets at a set date and price. Options are the right to do so. --Editor: Maguire Story illustration: For a series of charts and graphs about financial futures, go to {CNP 09214870106 <GO>}. For stories on financial futures, see {NI FINFUT <GO>}. To contact the reporter on this story: Ann Saphir in Chicago at (1) (312) 692-3749 or asaphir@bloomberg.net To contact the editor responsible for this story: Joe Maguire at (1) (212) 893-5293 or jmaguire1@Bloomberg.net [TAGINFO] CME US <Equity> CN NI DRV NI CMD NI FUTURES NI FINFUT NI CBT NI CME NI COS NI IL NI US NI EXC NI SCR NI FIN NI ELT NI GBN NI USB NI BON NI NOB #<692224.1244830># -0- (BN ) Jun/07/2004 19:26 GMT
Can we please not turn this into a Pro-Bush vs. Anti-Bush thread??? I applaud the decision to make Friday a government holiday to remember a man who dutifully served his country and reminded us that it is great to be an American.