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Strategies & Market Trends : Galapagos Islands

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To: X Y Zebra who wrote (47630)9/18/2003 10:58:56 AM
From: MulhollandDrive  Read Replies (1) of 57110
 
xyz...

it really comes down to the issue of the nyse being it's own "regulator" being "suddenly exposed"

obviously this was an issue flying under the radar until the stark revelation of grasso's pay package

now everyone is running around suggesting the "the fox (filthy rich one at that) is guarding the henhouse"

the nyse is a private entity, if they want to regulate themselves for appearances, fine, and the board should be able to pay chairman whatever they like....it's just that only now, the lavishness (arguably) of the remuneration puts the entire operation under the same type of scrutiny as the corporations they buy and sell.

big oops
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