Reed Named Interim NYSE Chief The New York Stock Exchange names former Citicorp chief John Reed as interim chairman of the exchange. Reed, 64, replaces Richard Grasso, who was forced to resign as the head of the Big Board following controversy over his compensation package. NPR's Liane Hansen talks to James Surowiecki of The New Yorker about a similar scandal at Dutch retail giant Ahold.
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Reed Named Interim NYSE Chief

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Reed Named Interim NYSE Chief

Reed Named Interim NYSE Chief

Reed Named Interim NYSE Chief

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  • <iframe src="https://www.npr.org/player/embed/1438275/1438276" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The New York Stock Exchange names former Citicorp chief John Reed as interim chairman of the exchange. Reed, 64, replaces Richard Grasso, who was forced to resign as the head of the Big Board following controversy over his compensation package. NPR's Liane Hansen talks to James Surowiecki of The New Yorker about a similar scandal at Dutch retail giant Ahold.