NYSE Pays $139.5 Mln to Keep Grasso

[cornholetrading]

This article give the breakdown of his pay if anyone is interested.

http://biz.yahoo.com/rb/030827/financial_grasso_5.html

 

[ElCubano]

wow.....unbelievable.....

 

[marketsurfer]

exactly what is this grasso's guys background ? my brief encounter with him was not impressive to say the least.

best,

surfer

 

[vega]

Without him, there would probable be all kinds of scandals relating to corporate misdoings, abuses by NYSE specialists, and other complaints by investors relating to the NYSE.......oh wait a second..........

Vega

 

[TM_Direct]

That's almost as much as Inandlong, Magna and Aphie make combined to be moderators here on ET!!!!!
:eek: :eek: :eek:

 

[Ninja]

Quote from ElCubano:

wow.....unbelievable.....

No, its insane.... :eek:

 

[Hugh G Recshun]

Grasso is the specialist that hoses you on every NYSE trade.

 

[C Robinson]

"It's a phenomenal sum," said Charles Elson, a professor of corporate governance at the University of Delaware. "It's an entrepreneurial sum for someone who is essentially a regulator."


bottomline: you don't pay someone that kind of money unless you get something in return!!!!

 

[waggie945]

Makes $140,000 per year, and Grasso gets a couple of MIL every year!

What is wrong with this picture???

 

[TM_Direct]

Quote from waggie945:

Makes $140,000 per year, and Grasso gets a couple of MIL every year!

What is wrong with this picture???

WHy does everyone care how much he makes????? Im sure to some working class stiff it's obnoxious how much traders make using leverage ( someone elses money) to buy and sell things quickly and make tons of $$....AHHHH Bul shit , who am I kidding!!!

140 Million !!!!!! What does he do???? and what do you think the reaction will be if they ever raise listed fees????