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King of the Club: Richard Grasso and the Survival of the New York Stock Exchange

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Richard Grasso



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5Vote!

Dinallo Blames Clinton

The New York Times has an article about how a former aide to Eliot Spitzer, Eric Dinallo, is attracting backing from Spitzer foes like Kenneth Langone and Richard Grasso for Mr. Dinallo's campaign for attorney general of New York State. The article says:

4Vote!

Dow 10000: ‘It’s Lost Its Novelty’

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...

6Vote!

He's just like one of us! (part 4)

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...

1Vote!

A Call For Submissions: The NYSE's New Tagline

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

1Vote!

When Bernie Went Ponzi

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...

1Vote!

Former NYSE Chairman Grasso Speaks, Part II

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...

1Vote!

Former NYSE Chairman Grasso Speaks

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...

3Vote!

Wall Street’s culture of entitlement hard to shake

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.

1Vote!

Wall Street's culture of entitlement hard to shake

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...

1Vote!

Isn't it funny how many big-money men sound liberal these days?

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...

3Vote!

Isn’t it funny how many big-money men sound liberal these days?

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 [...]

2Vote!

Richard Grasso, Voice of Reason on Wall Street Bonuses

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 [...]

3Vote!

The Grasso Lawsuit’s Demise: Why Don’t Courts Decide Compensation?

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...

3Vote!

JUSTICE FOR DICK GRASSO

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...

3Vote!

New York court dismisses case against former stock exchange head

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.