Grasso Vows to Keep $100 Million in Pay

Former New York Stock Exchange Chairman Richard Grasso says he'll fight an effort to make him return much of his controversial $188 million pay package. New York Attorney General Eliot Spitzer filed suit Monday against Grasso, a board member and the exchange, demanding that Grasso return about $100 million of the $140 million he's received to date. NPR's Jim Zarroli reports.

Related NPR Stories

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: