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
candid member monday prove saturday test
If the test on Saturday were to prove to be problematic, long before Monday at 9:30 a.m. we will be very candid with member firms and the American public,
capital course days few finest market monday morning next people required served stress sure testing
In the course of the next few days we will do all the required stress testing that's required of our industry, ... To make sure that by Monday morning the American people are served by the finest capital market the world has known.
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.
compelling dialogue economic open package suggestion
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,
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,
attack
You can attack an infrastructure, but you can't attack an ideal,
board both change happen millennium morning until view
We were unanimous this morning in our view that nothing should happen -- at least from the Big Board -- until after both the millennium change and 'decimalization' have been accomplished,
american-businessman based chinese companies consistent good hope list progress stock
I think this is based on the consistent progress of the economy. I hope good American companies will list on the Chinese Stock Exchange.
buck changes constantly problem software stops systems
We're constantly making changes to our systems to make things better for our customers, ... This is not a problem with the software vendor, this is a problem with the NYSE and the buck stops here.
confidence forget great public restoring tragedy
Let us not forget the great tragedy that has befallen this nation, ... restoring the public confidence that this marketplace will be up and functioning.
floor technology
Through technology, we have exported the floor of the NYSE to the consumer,
global
to make them more competitive in the global arena.
actively answer companies complete key less point questions quite session trade
There are a lot of key questions to answer before we can complete this transaction. It's quite right to point out that companies that trade actively during the conventional session may trade with much less liquidity in off hours.