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YaSO
05-30-2004, 09:53 PM
Eliot Spitzer is now suing Richard Grasso (http://msnbc.msn.com/id/5092745/site/newsweek/) for getting paid too much. I do think he got paid too much, but should the New York attorney general be suing him because he got paid too much?

New Merchant
05-30-2004, 11:09 PM
Isn't this somewhat misguided as I am sure there was a renumeration commitee at the NYSE ?

YaSO
05-31-2004, 12:41 AM
Isn't this somewhat misguided as I am sure there was a remuneration committee at the NYSE ?
I think Eliot Spitzer is specifically pointing out that the way the committee handled the matter, Grasso's resignation, his pay package, etc. has problems. Spitzer actually said that Grasso was paid too much in one of press conferences.