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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (194383)1/27/2007 12:29:10 PM
From: DMaA  Read Replies (1) of 793731
 
Rudy the Eagle:

NYSE Guys Finish First
Why did Rudy Giuliani give the New York Stock Exchange a billion-dollar handout?

By Michael Grunwald

Posted Tuesday, Jan. 15, 2002, at 11:21 AM ET

Everyone knows that Rudy Giuliani went out on top, ending his operatic eight-year reign over New York City as the Person of the Year. But hardly anyone noticed that he left behind a parting gift. On his last day in office, Rudy signed an agreement to proceed with the largest corporate subsidy in New York history: up to $1.1 billion in cash and tax breaks for the New York Stock Exchange.

slate.com
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