Ted Weisberg: A View From The NYSE Floor
Nov 21st, 2008 · After another volatile week on Wall Street, Robert Siegel checks in with Ted Weisberg, a floor trader on the New York Stock Exchange. Weisberg is the president of Seaport Securities.
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NYSE's Ex-Chief Wins $187.5M Pay Package
Jul 2nd, 2008 · Co-host Ari Shapiro has this morning's business news.
Merrill Lynch Picks John Thain as CEO **
Nov 15th, 2007 · Merrill Lynch selects John Thain as CEO. He is currently the head of the New York Stock Exchange, and will begin his new job on Dec. 1. Thain is credited with leading the NYSE through a challenging period that included the exchange's initial public offering and a move into electronic trading.
Grasso Wins Round in Battle over NYSE Pay ****
May 9th, 2007 · Dick Grasso, the former chief of the New York Stock Exchange, has won a legal victory in a long battle with the state of New York over a $180-million pay package. The pay plan prompted such outrage in 2003 that the state of New York fired Grasso.
NYSE Completes Conversion to Paperless Exchange ****
Jan 25th, 2007 · The New York Stock Exchange goes fully electronic Thursday, meaning the classic images of shouting traders at work on a floor strewn with paper will be a thing of the past.
NYSE Looks to China for More Business ***
Nov 27th, 2006 · The head of the New York Stock Exchange will be in China this week. Chief Executive John Thain hopes to come home with more listings. The exchange currently trades shares of only 31 companies from China, Hong Kong and Taiwan. Thain also says that at some point, the NYSE will want a position in the Chinese market. The exchange is currently waiting for regulatory approval to combine with the Paris-based Euronext exchange.
Marketplace Report: A $100-Million NYSE Payback ***
Oct 20th, 2006 · New York Attorney General Eliot Spitzer is running for governor, and two of his high-profile cases ended Friday. In one, former New York Stock Exchange chief Richard Grasso has been ordered by a judge to repay as much as $100 million of a contested compensation package.
Grasso Ordered to Return NYSE Pay ****
Oct 20th, 2006 · A judge ruled Thursday that Richard Grasso has to return much of the big pay package he got when he was the chair of the New York Stock Exchange while it was still a nonprofit organization. Grasso was criticized for not explaining details of his pay package to his board.
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