Summary
ELIOT Spitzer, the New York attorney-general, yesterday filed a lawsuit against the former head of the New York Stock Exchange, Dick Grasso, over what the suit referred to as an "excessive" $188.5m ((pounds) 105.3m) compensation package.
Spitzer also described the process that determined Grasso's compensation as "rigged", and his suit is now seeking to recover more than $100m from the pugnacious former NYSE chairman and chief executive.See the full content of this document
Extract
Former Stock Exchange Chief Sued Over $188.5m Pay Package
Grasso resigned his position last year as the controversy surrounding the pay package reached its peak.
The ...See the full content of this document
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