RP4409 | 4409 -- NYSE chief Dick Grasso "TOWERS were IMPLODED" @RP4409 | Uploaded May 2011 | Updated October 2024, 2 hours ago.
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Dick Grasso was the head of the New York Stock Exchange on 9/11 and now comes out and says the twin towers were imploded. We all knew this 9 years ago Dick....you're a little late.
This interview was on Don Imus May 3, 2011
How did he know the Liberty building was going to "topple" Why would it?
Why would any concrete and steel structure that massive just "topple" and collapse from some external damage?
Remember the Liberty one building was over THREE football fields away from WTC2
In an interview with Don Imus they claimed that In the aftermath of 9/11, Grasso was widely hailed as "the Winston Churchill of Wall Street because of how he lead New York City's financial community through that awful time?
How did he lead? By not ringing the bell to trade?
Former NYSE chief Dick Grasso will get his money
BY JOSE MARTINEZ
DAILY NEWS STAFF WRITER
Tuesday, July 01, 2008
Dick Grasso's mega-millions payday has finally arrived.
The former chief of the New York Stock Exchange Tuesday emerged victorious in his long-running battle with the state after an appeals court ruled that Grasso's nearly $190 million compensation package is off-limits.
"From the get-go, there was never anything improper," Grasso told CNBC.
The clash dated back to 2004, when then-Attorney General Eliot Spitzer sued him over the NYSE board's massive payout to the high school dropout from Queens.
In a decision made public yesterday, the Appellate Division declared that the state lacked the authority to keep the case going since the NYSE became a for-profit business in 2006.
"It's important when you believe in the principle of integrity and running your life and business honestly, that you never capitulate," said Grasso, 61, who ran the exchange for eight years. "And that was my basic philosophy."
A spokesman for Attorney General Andrew Cuomo conceded that the court's 3-to-1 ruling - which overturned a judge's decision ordering Grasso to repay more than $100 million - ends the case.
"We have reviewed the court's opinion and determined that an appeal would not be warranted," said Alex Detrick, a Cuomo spokesman. "Thus, for all intents and purposes, the Grasso case is over."
Grasso's 2003 departure from the NYSE set off an uproar when his $187.5 million compensation package, including a lavish retirement plan, turned him into the face of Wall Street greed.
It also made him a sizable target for Spitzer, who cast his crusade against Grasso and other Wall Street honchos as one against a "gross abuse of power." Spitzer resigned as governor earlier this year after getting tripped up by a call-girl ring.
The appeals court decision also threw out a claim against Ken Langone, a Home Depot founder who formerly led the NYSE's compensation panel. Spitzer had accused Langone of misleading the NYSE board on Grasso's pay.
Langone told Bloomberg News he, Grasso and other stock exchange directors spent more than $70 million fighting the case - all covered by insurance.
Read this description Formula4409.com
Please place on your Facebook wall and tweet this from the share button above thanks :)
Dick Grasso was the head of the New York Stock Exchange on 9/11 and now comes out and says the twin towers were imploded. We all knew this 9 years ago Dick....you're a little late.
This interview was on Don Imus May 3, 2011
How did he know the Liberty building was going to "topple" Why would it?
Why would any concrete and steel structure that massive just "topple" and collapse from some external damage?
Remember the Liberty one building was over THREE football fields away from WTC2
In an interview with Don Imus they claimed that In the aftermath of 9/11, Grasso was widely hailed as "the Winston Churchill of Wall Street because of how he lead New York City's financial community through that awful time?
How did he lead? By not ringing the bell to trade?
Former NYSE chief Dick Grasso will get his money
BY JOSE MARTINEZ
DAILY NEWS STAFF WRITER
Tuesday, July 01, 2008
Dick Grasso's mega-millions payday has finally arrived.
The former chief of the New York Stock Exchange Tuesday emerged victorious in his long-running battle with the state after an appeals court ruled that Grasso's nearly $190 million compensation package is off-limits.
"From the get-go, there was never anything improper," Grasso told CNBC.
The clash dated back to 2004, when then-Attorney General Eliot Spitzer sued him over the NYSE board's massive payout to the high school dropout from Queens.
In a decision made public yesterday, the Appellate Division declared that the state lacked the authority to keep the case going since the NYSE became a for-profit business in 2006.
"It's important when you believe in the principle of integrity and running your life and business honestly, that you never capitulate," said Grasso, 61, who ran the exchange for eight years. "And that was my basic philosophy."
A spokesman for Attorney General Andrew Cuomo conceded that the court's 3-to-1 ruling - which overturned a judge's decision ordering Grasso to repay more than $100 million - ends the case.
"We have reviewed the court's opinion and determined that an appeal would not be warranted," said Alex Detrick, a Cuomo spokesman. "Thus, for all intents and purposes, the Grasso case is over."
Grasso's 2003 departure from the NYSE set off an uproar when his $187.5 million compensation package, including a lavish retirement plan, turned him into the face of Wall Street greed.
It also made him a sizable target for Spitzer, who cast his crusade against Grasso and other Wall Street honchos as one against a "gross abuse of power." Spitzer resigned as governor earlier this year after getting tripped up by a call-girl ring.
The appeals court decision also threw out a claim against Ken Langone, a Home Depot founder who formerly led the NYSE's compensation panel. Spitzer had accused Langone of misleading the NYSE board on Grasso's pay.
Langone told Bloomberg News he, Grasso and other stock exchange directors spent more than $70 million fighting the case - all covered by insurance.
