Dick Grasso

  • Dick Grasso

    Grasso Wins Ruling In Appellate Court

    CNBC reports that the New York Court’s Appellate Division has thrown out a judgment that former NYSE Chairman Richard Grasso must return part of his $187.5 million compensation package, a ruling Charlie “LaMotta” Gasparino described as a “near TKO.” A spokesman for the attorney general’s office said that an appeal “would not be warranted” and […]

    / Jul 1, 2008 at 12:13 PM
  • Dick Grasso, NYSE

    Dick Grasso And Charlie Gasparino Put Paternity Dispute Behind Them

    Former NYSE chair Dick Grasso recently left a voicemail for Charlie Gasparino. Know what it said? “Happy holidays.” Why did this seemingly innocuous message scare the fuck out of Charlie, who takes no shit or prisoners, and who is known for yelling at/cutting off/berating his colleagues on air (especially Joe Kernen, but let’s face it, […]

    / Dec 6, 2007 at 10:22 AM
  • Dick Grasso, Eliot Spitzer

    “Everyone Knows”: More Thuggery From Loathsome Eliot

    Charlie Gasparino’s new book is called King of the Club—a reference to its ostensible subject, Dick Grasso, who oversaw the triumphant comeback of New York Stock Exchange in the challenging days following the September 11th attacks but quickly found himself forced out and under fire from New York State’s Attorney General, Eliot Spitzer. But reading […]

    / Nov 7, 2007 at 1:36 PM
  • Dick Grasso

    NY AG Office Suit v. Grasso Still Firing On All 2 Cylinders

    You probably forgot about that 2004 Spitzer suit against Dick Grasso, which is (still!) trying to take more than half of the former NYSE chief’s $190 million compensation back (because it supposedly violates state law for non-profits) but we bet you can guess who hasn’t. [Game show announcer voice] Charlie Gasparino, come on down! The […]

    / Nov 6, 2007 at 11:59 AM
  • Dick Grasso

    Grasso: ‘This Case Is About Honor’

    In an interview today, former NYSE chair Dick Grasso told Bloomberg that the total costs of his lawsuit challenging his infamous compensation package maybe be over $100 million. But guess what? He doesn’t care. “What this case is about is honor,” Grasso offered, in what, oddly, sounded like an affected Italian accent. “It’s not about […]

    / Jan 17, 2007 at 2:46 PM
  • Dick Grasso

    Grasso: I Don’t *Actually* Know Why I Got $187.5 Million, But I’d Like To Keep It, If That’s Cool With You

    Dick Grasso has once again asked to be allowed to keep his sizeable compensation package, awarded to him by the NYSE in 2003. Gerson Zweifach, Grasso’s attorney, claimed that “It was error for the trial court to even attempt on summary judgment to decide what people knew and what Mr. Grasso should have known,” referring […]

    / Jan 11, 2007 at 12:14 PM
  • Dick Grasso, legal

    Grasso Fights NYC Tax Authorities

    Dick Grasso discovered the upside of getting canned by the NYSE in 2003: he spent a lot less time in New York City, where he has a residence in Tribeca, and a lot more time out in in Long Island mansion. And this has given him the confidence to deny officially being a resident of […]

    / Jan 9, 2007 at 10:04 AM
  • Dick Grasso, Goldman Sachs

    Lloyd Blankfein: He’d Go Nicely Over A Fireplace

    The Possibly $87 Million Man will finally get his moment in the sun this afternoon. “Big Lloyd I (.6 Billion),” the companion portrait to “Big Dick I (Hundred Million),” will be on display today in the Financial district, and available for purchase on e-Bay. “Unlike the Grasso painting, I painted Mr. Blankfein’s portrait in a […]

    / Dec 19, 2006 at 12:15 PM
  • art, Dick Grasso

    Dick Grasso Portrait Sold

    Despite spending a few days outside the New York Stock Exchange and being mentioned everywhere from Gawker to the New York Times, the colorful Dick Grasso portrait by artist Geoffrey Raymond did not attract a rash of bonus-rich Wall Streeters to its Ebay auction. In all, only three people placed bids on it. The winning […]

    / Dec 11, 2006 at 4:41 PM
  • Dick Grasso, Diversions, NYSE, Wall Street

    Dick Grasso Returns To The NYSE (Or At Least His Head Does)

    It’s all about Dick Grasso’s head today. If you’re anywhere near the New York Stock Exchange today, you might have noticed a giant, crazy, multicolored portrait of Dick Grasso. The painting is the work of Geoffrey Raymond, the man Eater.com calls “The Mad Portraitist of 7th Avenue” for his paintings of restaurant workers in Chelsea. […]

    / Dec 5, 2006 at 3:50 PM
  • Dick Grasso, Elliot Spitzer, Exchanges, Executive Pay, NYSE

    Spitzer Likes It Slow and Painful

    There’s a kind of unreality to all this, since former NYSE boss Dick Grasso is appealing the ruling ordering him to pay back millions to the NYSE. But we cannot help but imagine that the lawyers from the attorney general’s office were smiling as they told Grasso that he could take his sweet time selling […]

    / Nov 16, 2006 at 11:01 AM
  • Dick Grasso

    Spitzer Cuomo To Make Example Of Grasso

    You’ve just been elected the new Attorney General of New York– what’s the first thing you’re going to do? Prove that you can throw down fisticuffs just as well, if not better than your predecessor, that’s what. Andrew Cuomo’s election to the New York Attorney General’s job doesn’t mean the battle over Dick Grasso’s disputed […]

    / Nov 10, 2006 at 1:11 PM
  • Attorney General, Dick Grasso, Eliot Spitzer, Exchanges, Executive Pay, legal, NYSE, Regulators

    Spitzer vs. Grasso: It Is So Effin On!

    Both Eliot Spitzer and Dick Grasso are saying they won’t settle the case after yesterdays summary judgment opinion came down from State Supreme Court judge Charles Ramos. Charlie Gasparino reported this morning on CNBC that he’d spoken with Grasso, who told him that this was looking like a heavyweight title fight—a champion will be declared. […]

    / Oct 20, 2006 at 11:29 AM
  • Dick Grasso, Eliot Spitzer, Exchanges, Executive Pay, NYSE

    Spitzer: 1, Grasso: 0.

    Eliot Spitzer won the first substantive round in the New York Attorney General’s lawsuit against former NYSE head Richard Grasso today. State Supreme Court Justice Charles Ramos ruled that Grasso must return part of $58 million in “deferred compensation” he received as part of his controversial $198 million compensation package from the then exchange. Ramos […]

    / Oct 19, 2006 at 3:49 PM
  • Dick Grasso

    Who Knew About Grasso’s Compensation, Judge Ramos Wants to Know

    A key part of Dick Grasso’s defense against Eliot Spitzer’s lawsuit is the claim that the directors of the NYSE understood what they were doing when they approved Grasso’s compensation. We always figured this was a pretty strong line of defense—the folks on the NYSE board were hardly financial innocents and it seems pretty likely […]

    / Sep 19, 2006 at 12:02 PM
  • Dick Grasso

    Grasso Makes It Personal (With Us)

    In a move that we find to be offensively below the belt, as it were, Dick Grasso tried unsuccessfully yesterday to remove Judge Charles E. Ramos– Chuckles, to us– from his trial versus New York attorney general, Eliot Spitzer. Pint-size Dick (seriously, the guy’s like 5’2″) claimed that Ramos was too involved in the case, […]

    / Sep 15, 2006 at 1:52 PM
  • Dick Grasso, NYSE

    Grasso: Big Old Trannie

    Women live longer than men and it’s not fair. It may even be unholy. Why would God make men in his own image only to kill us off sooner than something he later made from our friggin’ ribcage? Fortunately, former NYSE honcho Dick Grasso found a way of compensating himself for the inequities of lifespans—when […]

    / Aug 14, 2006 at 2:32 PM
  • Dick Grasso, Eliot Spitzer, NYSE, White Collar Crime

    Grasso Loses Lawyer, New Attorney Still Not a Potted Plant

    Dick Grasso will likely lose one of the most powerful forces he has on his side —Williams & Connolly attorney Brendan Sullivan. A recent ruling moving the trial date up to September from late October, probably means that Sullivan, who famously represented Oliver North in the Iran-Contra hearings, will not be able to serve as […]

    / Jul 31, 2006 at 2:05 PM
  • Dick Grasso, NYSE, White Collar Crime

    Spitzer v. Langone: A DealBreaker Center Street Adventure

    [Editor’s Note: Sometimes we like to take a break from our usual extorting- insiders and flattering-anonymous-sources style of journalism to get out of DealBreaker HQ and pound the pavement. You know, do some real shoe-leather reporting. Like crashing Donald Trump’s party.. So this morning, instead of just sending DealBreaker cub reporter Bess Levin out for […]

    / Jul 26, 2006 at 4:01 PM
  • Dick Grasso

    Dick Grasso’s Shabby Chic

    You know how it goes. You lose your job. You let your hair go a bit shaggy. You stop shaving. You cultivate a look of weary resignation appropriate to someone whose life has marched off down an unexpected path. Good news. Former New York Stock Exchange boss Dick Grasso is just like the rest of […]

    / Jul 10, 2006 at 9:34 AM

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