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
attorney comments concerning general informed intentions state york
informed of the comments and the intentions of the New York State attorney general concerning his nomination.
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,
defend
we will vigorously defend our right to keep it.
history ran rewarded stock success
When I ran the stock exchange, it was the most successful it's been in its 200-plus-year history. And I was rewarded for success; I would not have been rewarded if we failed.
global
to make them more competitive in the global arena.
floor technology
Through technology, we have exported the floor of the NYSE to the consumer,
board deepest directors reluctance shared submit
I shared with the board of directors ... that, with the deepest reluctance and if the board so desired, I would submit my resignation,
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It was the (New Jersey) governor's suggestion to open a dialogue about a package of economic incentives, and they made a very compelling case,
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Think of the metrics; eleven Fed actions in the last year, a stimulus package that will come from our leadership in Washington, ... The economy was sputtering prior to the 11th of September. We're now seeing clear leadership on both the fiscal and monetary standpoint. We're getting some good news from corporate earnings. There is a lot to be optimistic about.
few good short
A few short years ago, that would have been a good year,
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.
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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.
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The more important is question of the human issues, ... Today we're getting very positive reports of people being recovered alive. No one wants to interrupt that process. It's more important for the city ... that they have all the time necessary without any disruptions to get into that pile and get people out.
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Companies, not just California companies, but all publicly held companies who either do business in California or have shareholders in California will potentially be harmed by this proposition.