With the London Stock Exchange (LSE) caught in the cross-hairs of potential multi-billion euro bids from Euronext, Deutsche Boerse and Macquarie Group, Heiko H. Thieme - chairman of American Heritage Management Corporation - said that, were he based in London, he would "defend to his last breath" the independence of the LSE.
Speaking at the 26th International Swiss Futures & Options Association meeting in Burgenstock, Switzerland, Mr Thieme questioned the LSE's strategy and asked why such a prestigious exchange, with a distinguished 200-year history, was not the prime m