Byline: Aaron Elstein In october, Richard Grasso is scheduled to finally go on trial in lower Manhattan to defend his infamous $190 million pay package. But his tenure as chairman of the New York Stock Exchange is already under scrutiny in a nearb ...
When H. Carl McCall, chairman of the New York Stock Exchange's NYSE human resources and compensation committee, and Richard Grasso, chairman and chief executive officer of the exchange, stood before an army of journalists last week to answer a barr When H. Carl McCall, chairman of...
Byline: Chris Clair When you're the chairman of the United States' largest stock exchange in an age of terrorism, war, corporate scandal, bankruptcy and economic sluggishness, you tend to take the good news where you can get it. New York Stock...
Richard Grasso, former New York Stock Exchange chairman, is refusing to give back any of his roughly $190m remuneration, arguing that the package was unanimously approved by an 'all-star team' of respected US executives.Through his lawyer, Grasso acc Richard Grasso, former New York Stock Exchange chairman,...
Investor Digest Malaysia 06-16-2003 THE pay package and conduct of top executives of the New York Stock Exchange NYSE has come for scrutiny following the exchange's undertaking to apply good governance standards upon itself. These are among Investor Digest Malaysia...
Even though the recent events at the New York Stock Exchange NYSE surrounding the departure of Chairman Richard Grasso raised the possibility of important reforms, the current and proposed structural changes within the exchange will be insufficient to reform the institution's governance. Notable financial disasters like Enron and WorldCom point...
Richard Grasso's forced departure may set in train a thorough overhaul of the New York Stock Exchange Richard Grasso's forced departure may set in train a thorough overhaul of the New York Stock Exchange
Richard Grasso, chairman of the New York stock exchange, failed to disclose details of a stock-based compensation package he was awarded for sitting on the board of a troubled US computer company.Computer Associates said Tuesda that Grasso and four o Richard Grasso, chairman of the New...
New York Attorney General Eliot Spitzer's lawsuit against former New York Stock Exchange Chairman Richard Grasso alleges that the NYSE engaged in a pattern of misinformation about Grasso's pay package, and that board members may have been manipulated int New York Attorney General Eliot Spitzer's lawsuit against former New York...
Byline: Frederick P. Gabriel Jr. And you think your cellphone bills are high? American International Group Inc., the New York insurer, agreed Thursday to pay $10 million to settle fraud charges for its role in alleged...
A group of New York Stock Exchange seatholders is planning a lawsuit to force Richard Grasso, its chairman, to renegotiate his controversial $139.5m ([euro]128.8m) pay package.About 400 of the exchange's 1,366 members are backing the move, according A group of New York Stock Exchange seatholders...
Print media stories in the last year were full of Richard Grasso, former president of the New York Stock Exchange with regards to his compensation package. Print media stories in the last year were full of Richard Grasso, former president of the New York...
Having argued for years that the New York Stock Exchange didn't much need to change, Richard Grasso has got religion. About time Having argued for years that the New York Stock Exchange didn't much need to change, Richard Grasso has got religion. About ...
Byline: Paul Winston After several years in which corporate scandals and public downfalls became almost commonplace, and legislators and regulators worked to encourage more responsible corporate governance, some thought the worst was behind busine Byline: Paul Winston After several years...
A recent development in the lawsuit against former New York Stock Exchange chairman Richard Grasso has to leave many questioning the business judgment at the Big Board. The NYSE long refused to release a confidential document known as the Web ...
The SEC, in a statement following the resignation of Richard Grasso as chairman of the NYSE, affirmed that it is going to push for basic structural changes in how the Big Board is run. But even before the statement, SEC Chairman William Donaldson last mo The SEC, in a statement...
Byline: Frederick P. Gabriel Jr. Imagine Dorothy, the Tin Man and the Scarecrow crashing the bachelor party of a former Fidelity Investments trader. First, they'd be whisked away to trendy South Beach in Miami Beach, Fla., and taken aboard a ...
Any corporate governance reformers worth their salt were surely gratified in September when Richard Grasso took a fall for accepting $180 million in compensation as the chief executive of the New York Stock Exchange. However, his departure has not e Any corporate governance reformers worth...
Richard Grasso, chairman and CEO of the New York Stock Exchange, is confident about corporate reform. Richard Grasso, chairman and CEO of the New York Stock Exchange, is confident about corporate reform.
The SEC, in a statement following the resignation of Richard Grasso as chairman of the NYSE, affirmed that it is going to push for basic structural changes in how the Big Board is run. But even before the statement, SEC Chairman William Donaldson las The SEC,...
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