Wednesday, March 16, 2005

Air Grasso??

New York Post Online Edition: business: "Former New York Stock Exchange chairman Dick Grasso turned the Big Board's corporate jet into Air Grasso."

It seems like it is 2003 all over again: not only is Worldcom front and center , Eliot Spitzer is investigating firms, and Richard Grasso is back in the news.

Why? There is now evidence that he used the NYSE's corporate jet as his family's own jet. FWIW the family seemed to be partial to Miami.

How did this come to light now? "Grasso's alleged use of the NYSE jet for personal reasons came up when Attorney General Eliot Spitzer asked Grasso to turn over his tax returns for the years 1995 through 2003.

Spitzer is trying to determine how much Grasso earned during those years, both from the NYSE and other sources, such as Grasso's time spent on the Board of Home Depot."

1 comment:

JLP said...

Nice blog! I am going to put a link to it from my blog ( If for some reason you don't want me to link to you, just let me know and I'll take it down.