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European Hedge Funds Eyeing U.S. Companies...Particularly CSX

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  • From: Naples, FL
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European Hedge Funds Eyeing U.S. Companies...Particularly CSX
Posted by Ted Marshall on Tuesday, June 17, 2008 6:02 PM

Just caught this on NBC Nightly News.

By now everybody's heard of the looming takeover of Anheiser-Busch by a group of Belgian investors, but did you know that CSX may be next?  According to reports CSX as well as several other large, strong American companies may fall victim to the same fate. What does this mean for us blue-collar middle-class working Americans?

No matter how you look at it there can be no denying that American dollars going overseas cannot be good for our economy and the way things are currently going we may be poised to relinquish or position as the strongest country in the world.

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