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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (57092)	12/9/2004 7:42:49 PM
From: LLCF	Respond to of 74559

The Chinese need to elect Grasso: <<NEW YORK (AP) -- Former New York Stock Exchange Chairman Richard Grasso lost his bid Thursday to have the lawsuit over his controversial $187.5 million pay package tried in federal court. District Court Judge Gerard Lynch ruled the case was best suited for state court, since New York Attorney General Eliot Spitzer filed the lawsuit claiming violations of state law. Spitzer is seeking to take back at least $100 million from Grasso and another $18 million in damages from former NYSE board member Kenneth Langone.>> A swine that big could feed a LOT of hungry people. OTOH, the members of one of NY's oldest wealthiest clubs hardly have much to gripe about; it's been a nice run for the buffalo, but the long rifle has been invented, and the smart ones will be heading for Yellowstone. DAK