In a sworn statement Ashen later gave to Spitzer, he said that although the directors on the compensation committee were "generally aware" that Grasso received SERP benefits, he could not recall "any instance between June and September in which they discussed the amount of Grasso's accumulated SERP benefits. Andrew Countryman, Tribune staff reporter. North America. But he did have a choice. As the exchange's No. But while he has vowed to whip Grasso and Langone in court, the fight no longer ranks high on Spitzer's list of priorities. Ultimately a split board decided to proceed, before agreeing to have the vote recorded as unanimous.
$140M Payday For Big Board Chief
He started in when he was hired by the Exchange as a floor clerk. USA Today. Grasso told reporters that he was bringing "a message of cooperation from U. One of the complaints about the exchange has been the composition of its member board, which includes executives from Wall Street brokerages, listed companies and specialist firms. Money portal. Category Commons.
Richard Grasso - Wikipedia
Retrieved Retrieved 15 November However, on July 1, , the New York State Court of Appeals dismissed all claims against Grasso because the NYSE had changed its status from a nonprofit to a for-profit organization, which meant that the Attorney General had lost standing to sue Grasso. Grasso, 57, has been criticized for his hefty pay package and for a lack of transparency at the exchange. From Wikipedia, the free encyclopedia.
Response From Grasso Spokesman
Description: At the end of July there were 2, companies on the LSE. The Wall Street Journal, quoted an unnamed SEC official as saying, "The commission will fully review this issue and compensation practices [at self-regulated organizations like the NYSE] very carefully," one commission official said. Jackson Heights , New York. State Department on its list of Foreign Terrorist Organizations since and is allegedly responsible for kidnappings and narcotics trafficking in order to bankroll their revolutionary activities see: narcoterrorism. From Wikipedia, the free encyclopedia.