What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only do the shareholders lose, but the entities lose. — Richard Grasso Copy Share Image
Clearly there are always unintended consequences of any legislative or regulatory act that's taken in the heat of battle. — Richard Grasso Copy Share Image
This is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the… — Richard Grasso Copy Share Image
The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just… — Richard Grasso Copy Share Image
Let's take a timeout. Let's allow investors the opportunity in a period of market calm to re-examine what's happened and to deploy new strategies… — Richard Grasso Copy Share Image
It should strengthen investors' confidence. This is done through transparency, high quality financial reports, and a standardized economic market. This is not just for… — Richard Grasso Copy Share Image
What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only… — Richard Grasso Copy Share Image
Our systems are all go. At 9:30 Monday morning trading will resume on both markets, and the message will be given to criminals who… — Richard Grasso Copy Share Image
When I ran the stock exchange, it was the most successful it's been in its 200-plus-year history. And I was rewarded for success; I… — Richard Grasso Copy Share Image