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Grasso Wins Ruling In Appellate Court

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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 "for all intents and purposes, the Grasso case is over." In other Grasso-related legal news, a judge has adjourned the case against Frederick Grasso, the Lackawana animal control officer accused of killing three stray cats. Grasso's arraignment has been moved to July 8.