SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 299.48-4.8%Dec 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (11637)9/17/2003 11:42:40 PM
From: Ian@SI  Read Replies (2) of 95579
 
I suspect that it more likely indicates just how much power the specialists on the trading floor actually wield.

Grasso was going after LaBranche and others for front running among other violations.

Who leaked the info to the WSJ? Who had enough power, connections, etc to keep the media, the SEC and even congress focussed on forcing Grasso out?

Somehow I suspect that Grasso was a good guy who got ambushed by one or more very bad guys.

IMHO,
Ian

PS I freely accept that his compensation was obscene. BFD. So is that of most other CEOs of other similarly sized corporations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext