Wednesday 26 September 2007

London Stock Exchange looking for new name

The London Stock Exchange will change its name after its merger with Borsa Italiana next month.

Susan Flint from Bad Moon Investments says, 'I think the new name should be something mystical to reflect the fact that the City of London is now leading the world in mystical capitalism.'

Well, I can tell you all that the LSE has approached me - in the hope that I may have a good idea for the new name. I told them I'll let them know. I'm a busy man at the moment and I can't really go around dreaming up new names for stock exchanges. Sorry, that's just the way it is.