Grasso's Grit May Win After All

Grasso's Grit May Win After All
     

Five years after Richard A Grasso ended his chairmanship of New York Stock Exchange, his legal adversary New York State Gov Eliot Spitzer and stock exchange directors have fallen even more spectacularly; Spitzer and former Bear Stearns chief executive James E Cayne, who played central roles in legal tumult, have seen their careers and reputations implode within days of each other in March; Cayne was one of stock exchange directors who approved Grasso's controversial pay package in August 2003; ...
     

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