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
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When Sandy and I discussed his potential service, he reminded me of his full agenda as CEO of Citigroup and the demands upon his time,
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to make them more competitive in the global arena.
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we will vigorously defend our right to keep it.
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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.
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Let us not forget the great tragedy that has befallen this nation, ... restoring the public confidence that this marketplace will be up and functioning.
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I shared with the board of directors ... that, with the deepest reluctance and if the board so desired, I would submit my resignation,
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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,
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A few short years ago, that would have been a good year,
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This positions us to be competitive on a global scale and brings investors the benefit of greater liquidity. I think it's very appropriate that we analyze the performance of the market in the pre and post decimalization period, with special attention being given to making certain that public investors are treated as well in decimals as they have been in fractions for the past 208 years.
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This is a violation of the trust that all members have in each other here,
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A day doesn't go by when the market isn't on the most skittish and volatile path that I've seen in my 35 years at the Big Board. What's driving that is the simple insecurity, or if you will uncertainty of outcome.
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The more important is question of the human issues, ... Today we're getting very positive reports of people being recovered alive. No one wants to interrupt that process. It's more important for the city ... that they have all the time necessary without any disruptions to get into that pile and get people out.
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A large percentage of orders are entered in the hours after our close through about 10 p.m. EST,
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Companies, not just California companies, but all publicly held companies who either do business in California or have shareholders in California will potentially be harmed by this proposition.