NPR logo
NYSE Pay Trial Finally Going to Court
  • Download
  • <iframe src="https://www.npr.org/player/embed/6208245/6208246" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
NYSE Pay Trial Finally Going to Court

Law

NYSE Pay Trial Finally Going to Court

NYSE Pay Trial Finally Going to Court
  • Download
  • <iframe src="https://www.npr.org/player/embed/6208245/6208246" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Back in 2003, the New York Stock Exchange board voted to give Chairman Richard Grasso a pay package exceeding $130 million. New York attorney general Eliot Spitzer filed charges against Grasso, and the head of the board's compensation committee, for violating non-profit laws on pay. Three years later, the two are about to stand trial.

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.