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
assure commitment driven fairness fulfill honesty market owe
Our commitment is to assure fairness and honesty in the market, ... The public's participation in the market is driven by that fairness and honesty, and we owe it to them to fulfill that.
compelling dialogue economic open package suggestion
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,
exchange seat stock york
It will not be appropriate in my view, or that of the commission, for me to take a seat on the New York Stock Exchange board,
access clearly facility
Clearly access to the facility will be tightened,
beyond
I think it is way beyond that at this juncture.
actions both clear corporate economy eleven fed fiscal good last leadership monetary news optimistic package prior seeing stimulus
Think of the metrics; eleven Fed actions in the last year, a stimulus package that will come from our leadership in Washington, ... The economy was sputtering prior to the 11th of September. We're now seeing clear leadership on both the fiscal and monetary standpoint. We're getting some good news from corporate earnings. There is a lot to be optimistic about.
members trust violation
This is a violation of the trust that all members have in each other here,
eastern market standard
It will be a market that will have very little to do with Eastern Standard Time,
believed fair paid
They paid me what they believed to be fair and reasonable.
board deepest directors reluctance shared submit
I shared with the board of directors ... that, with the deepest reluctance and if the board so desired, I would submit my resignation,
board both change happen millennium morning until view
We were unanimous this morning in our view that nothing should happen -- at least from the Big Board -- until after both the millennium change and 'decimalization' have been accomplished,
monday morning america
Our systems are all go. At 9:30 Monday morning trading will resume on both markets, and the message will be given to criminals who foisted this on America that they lost.
taken battle heat
Clearly there are always unintended consequences of any legislative or regulatory act that's taken in the heat of battle.
opportunity calm strategy
Let's take a timeout. Let's allow investors the opportunity in a period of market calm to re-examine what's happened and to deploy new strategies into the marketplace.