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Climateer Investing (Free subscription) | 10/14/2009
We closed at 10,015.86. As I said after the September 23 intraday reversal (closing down 81 after being up 107): Yesterday's drop did not mark the top, that's not how bull runs end. More later.... Today's gain didn't mark the top either. In keeping with my Delphic opacity we had eight days earlier posted " Equities: How Will We Know the Intermediate Top? ": The flippant answer is "the...
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Queens Crap (Free subscription) | 09/01/2009
From the Daily News : Send back the lobster. Can the caviar. All Mayor Bloomberg wants is a wiener. The mayor was in the Hamptons on Sunday at a horse show. But he wants you to know: Even if he's hangin' with the rich and famous, he's just plain ole Bloomy from the block. "I'm not into this fancy food, like shrimp, caviar and lobster," said Bloomberg. "I like hot dogs, hamburgers and...
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DealBreaker (Free subscription) | 06/12/2009
Here's Steve Grasso's offering: "We have the speed but we also have the brains of a human being." Think you can top it? Sponsored Topics: New York Stock Exchange - Richard Grasso - Business - Human resources - Company
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Let's Fly Under the Bridge (Free subscription) | 04/02/2009
Former head of the NYSE, Richard Grasso, speculates it was when the investment world went penny wise instead of 1/8 foolish in the late 90s. Which eliminated a very lucrative anomaly in trading, which Bernie Madoff had been exploiting: How would you describe it to a layman? His broker-dealer, Bernard Madoff [Investment] Securities, executed orders in Big Board-listed stocks away from the Big Board...
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The Daily Beast (Free subscription) | 03/31/2009
In our exclusive interview, former NYSE Chairman Richard Grasso tells Allan Dodds Frank how Bernie Madoff made $1 billion (legitimately), why the SEC looked the other way, and why it all went foul. For nearly three decades, former New York Stock...
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The Daily Beast (Free subscription) | 03/30/2009
In part one of an exclusive interview, former NYSE chairman Richard Grasso opens up to Allan Dodds Frank about the AIG bonus debacle, what Eliot Spitzer did right, and why Citibank is too big to fail. Tomorrow: What Grasso knows about Bernie...
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Houston Chronicle (Free subscription) | 01/24/2009
John Thain should have known the rules. After all, when he became CEO of the New York Stock Exchange in 2004, he replaced Richard Grasso, who embodied the era's excesses.
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San Fransisco Chronicle (Free subscription) | 01/23/2009
John Thain should have known the rules. After all, when he became CEO of the New York Stock Exchange in 2004, he replaced Richard Grasso _ a man who embodied the excesses of the times and was forced out for taking a massive annual pay package of $187.5...
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Crooks and Liars (Free subscription) | 11/26/2008
Download | Play Download | Play Fox's Neil Cavuto -- like a whole raft of right-wing ideologues -- is appalled, just appalled, these days by all the people who are succumbing to the liberal siren song on economics -- including his guest yesterday, former NYSE chair Richard Grasso: You know what retirement has done for you? You've become like a liberal. You trust the government! The problem for conservatives...
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Drunk at idrunk.com (Free subscription) | 11/26/2008
Download | Play Download | Play Fox’s Neil Cavuto — like a whole raft of right-wing ideologues — is Drunk Newspalled, just Drunk Newspalled, ase days by all a people who are succumbing to a liberal siren song on economics — including his guest yesterday, former NYSE chair Richard Grasso: You know what retirement has done [...]
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Risk Moment RES (Free subscription) | 10/28/2008
October 27, 2008, 6:09 pm Richard Grasso, Voice of Reason on Wall Street Bonuses Posted by Heidi N. Moore Of all the Cassandras and soothsayers on the dangers of executive compensation, you might list Massachusetts Rep. Barney Frank, perhaps, or corporate gadfly Nell Minow. But former NYSE chief Richard [...]
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BusinessAssociationsBlog.com (Free subscription) | 08/28/2008
Joseph Bachelder offers a detailed and insightful analysis of why Eliot Spitzer’s much ballyhooed excess compensation lawsuit against former NYSE CEO Richard Grasso fizzled in the NY courts. One of his theories takes a deeply Legal Realist approach: One explanation may lie in the March 2008 downfall of Mr. Spitzer, the initiator of the litigation. His aggressive attacks on financial... [continued...
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New York Post (Free subscription) | 07/05/2008
New York's claims against former New York Stock Exchange head Richard Grasso are now moot, thanks to a pair of court rulings that Attorney General Andrew Cuomo properly has decided not to appeal. Gone with them are the last remaining tatters of...
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Indybay newswire (Free subscription) | 07/04/2008
Thursday, July 3, 2008 : In a victory for the ultra-wealthy, the New York State Court of Appeals on Tuesday dismissed all remaining charges against former New York Stock Exchange chairman Richard Grasso in a case, People v. Grasso, brought by the state over the size of his last compensation package in 2003.