Richard Grasso

Richard Grasso
Richard A. "Dick" Grassowas chairman and chief executive of the New York Stock Exchange from 1995 to 2003, the culmination of a career that began in 1968 when Grasso was hired by the Exchange as a floor clerk. After the September 11, 2001 terrorist attacks, Grasso became the public face of the Exchange and was praised for his role in helping restart operations...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
american-businessman economic financial high market strengthen
It should strengthen investors' confidence. This is done through transparency, high quality financial reports, and a standardized economic market. This is not just for China, but also for the world market as a whole.
eastern market standard
It will be a market that will have very little to do with Eastern Standard Time,
exchange seat stock york
It will not be appropriate in my view, or that of the commission, for me to take a seat on the New York Stock Exchange board,
confident greatest market million point
We have rebuilt the infrastructure to the point where I'm confident that 85 million Americans can be back in the greatest market in the world,
business markets opened
There are those who will say that the markets could have opened on some abbreviated business before Monday,
valuable
would have been a valuable contributor to our board.
admired board brand built company counsel deep expressed gratitude lose martha miss
We are saddened to lose Martha Stewart, who has built a brand and a company admired around the world, ... Our board will miss Ms. Stewart's counsel and insight, and expressed its deep gratitude for her service.
america both criminals given message monday morning resume systems trading
Our systems are all go, ... At 9:30 Monday morning trading will resume on both markets, and the message will be given to criminals who foisted this on America that they lost.
believed fair paid
They paid me what they believed to be fair and reasonable.
close entered hours large orders percentage
A large percentage of orders are entered in the hours after our close through about 10 p.m. EST,
analyze attention benefit brings certain fractions given global greater investors market past performance positions post public scale special treated
This positions us to be competitive on a global scale and brings investors the benefit of greater liquidity. I think it's very appropriate that we analyze the performance of the market in the pre and post decimalization period, with special attention being given to making certain that public investors are treated as well in decimals as they have been in fractions for the past 208 years.
members trust violation
This is a violation of the trust that all members have in each other here,
brand building cop entity investment profit public remove separate viewed
A separate entity would remove the cop on the beat, ... is not viewed as a profit drag, but ? as an investment in our brand and in building public confidence.
driving market path seen simple volatile
A day doesn't go by when the market isn't on the most skittish and volatile path that I've seen in my 35 years at the Big Board. What's driving that is the simple insecurity, or if you will uncertainty of outcome.