Quote:
Originally posted by Cletus Miller
Actual question--which I can't answer in ten seconds on google--who were the shareholders in the NYSE while Grasso was there (i.e. pre-ipo)? Grasso wasn't (couldn't be) given his comp in stock, so it's not the same as your typical highly-comp'd CEO.
I'm not sure how I feel about Spitzer's activist role for the AG in all of the financial services litigation, except that it was/is clearly designed as the centerpiece of his political campaigns, which I don't like. If a non-higher-office-seeking AG did the same thing, I don't know what I'd think about it.
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The There WERE no shareholders prior to the IPO. NYSE was a non-profit. Jesus H, people, do some fucking research before criticizing Spitzer. No, I have not researched what tax breaks it got. No, I don't know what kind of non-profit it was.
Think of the United Way head who got busted.
