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Mr. Busek said that the Czech banks concentrated on traditional commercial banking, leaving trading and investment banking mostly to their foreign parents.
Technology has turned the trading floor into a sideshow, leaving trading floor specialists at the exchange anxious that they will become mere extras on CNBC.
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Barnes & Noble announced in 2002 that it had bought Sterling, leaving trade publishers bristling at the notion of competing with the bookseller as a publisher.
They worry that political leaders are now focused almost exclusively on military and national security challenges, leaving trade issues to languish.
Some analysts think that the tightening of the credit market may put off some suitors from the private equity world, leaving trade buyers in a more advantageous position.
In 2002 2007, trade in goods grew rapidly, leaving trade in services behind.
Black and white are rare commodities, and most often voters, the press, politicians and political observers are left trading in grays.
The capital rules leave trading desks starved for capital.
The exchanges have left trading fees on the table, and the public investors have not participated in the creation of value, that has instead taken place on the private side.
From the left, trade unions and Democrats howl about the outsourcing of jobs to China.
When European exploration began, Britain's more constrained crown left trade in the hands of privateers, whereas Spain favoured state control of ocean commerce.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com