NPR logo

Calls Grow for NYSE's Grasso to Resign

  • Download
  • <iframe src="https://www.npr.org/player/embed/1433160/1433161" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Calls Grow for NYSE's Grasso to Resign

Calls Grow for NYSE's Grasso to Resign

Calls Grow for NYSE's Grasso to Resign

  • Download
  • <iframe src="https://www.npr.org/player/embed/1433160/1433161" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

NPR's Jim Zarroli reports that weeks after the New York Stock Exchange released details of Chairman Richard Grasso's compensation package, controversy over the size of that package continues to mount. Critics say the board should never have approved the deal it gave to Grasso, and that the exchange's corporate governance policies are deeply flawed. And some question why the exchange doesn't live by the same rules it imposes on its member companies.