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To: mishedlo who wrote (257909)	8/28/2003 7:44:15 AM
From: John	Respond to of 436258

NYSE pays out $139m to Richard Grasso Excerpt: Richard Grasso, the chairman and chief executive of the New York Stock Exchange, was paid a lump sum of $139m in deferred compensation and his contract was extended to 2007, the NYSE said on Wednesday in an unprecedented move to disclose the compensation of its leadership. The sum is more than the exchange's combined net income for the last three full years. The NYSE said it consisted of $40m from an executive savings plan, accrued retirement benefits of $51.6m, and $47.9m relating to previous incentive awards. LOL! This is all laughable. Incentive awards for what? "Presiding" over the mauling bear market conditions experienced over much of the last 3+ years? LOL. Please. I'm sure this $on-of-a-beeotch was one of the many celebrating wildly as we witnessed planes flying into buildings almost 2 years ago. Those catastrophic sights only registered as potential dollar signs in his corrupt little eyeballs, along with all of his little political buddies and corporate chums who enjoy greasing the palms of those on the take. -ng- Bottom line? It's an insiders world. news.ft.com John

To: mishedlo who wrote (257909)	8/28/2003 9:13:59 AM
From: Haim R. Branisteanu	Respond to of 436258

I think the whole US statistics are way to optimistic, therefore the USD should go lower. The talking heads are again doing tremendous damage to the public inducing him to spend and buy US stock. Continuing Claims The number of people continuing to collect state jobless benefits jumped by 26,000 in the week ended Aug. 16 to 3.657 million. Continuing claims have averaged 3.573 million this year, 1 million more than the average from 1994 through 2002. At least the BLS recognizes that 3.5 people are in depression regardless of GDP growth. Houshold statistics show over 10.6% of the workforce are without work that is around 15 million people As to the article I posted I side with Goldman. At the moment the USD is falling because if Japan intervention in FX markets. ....... and I hope because people see the whole bluff. As a side remark by annualizing GDP small irrelevant changes get amplified. For example a change from 2.9% to 3.1% is not even 0.1% change in the quarter. Other economies are reporting Q/Q and therefore the numbers are less impressive than the US ...... and just forgot the hedonics and computing power ....... it is easy the more new PC are bought the higher the GDP will be.