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State Street Corp V.STT


Primary Symbol: STT Alternate Symbol(s):  STT.PR.G

State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing, through State Street Investment Services, State Street Global Markets, State Street Alpha, and State Street Digital, provides investment services for clients, including mutual funds, collective investment funds and other investment pools. Its products include back-office products, such as custody, accounting, investor services and others. Its Investment Management line of business, through State Street Global Advisors, provides a range of investment management strategies and products for its clients. It offers a breadth of services and solutions, including ESG investing, defined contribution products, Global Fiduciary Solutions, and others.


NYSE:STT - Post by User

Post by wetincon Jul 17, 2015 8:47pm
118 Views
Post# 23936499

Elvis / Class ?

Elvis / Class ?
Whatever you are smoking, it is working!
 
This is a market place.  The seller posts an “ask” and then a potential buyer decides whether or not he wants to meet the sellers “ask”.  If he does, then a trade occurs.  If he doesn’t then there is no trade.
 
This has nothing to do with “class”.
 
The buyers paid what they regarded as a fair price and that is the end of it.  
 
Perhaps if they bid less then they wouldn’t have been able to purchased the shares.  Perhaps they paid the asking price because they thought it was a good deal.  That is why most of us purchase stocks – because we think that we are getting value for our money.
 
“Class” is measured by a very different yardstick.
 
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