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The Casino Greeter

Posted By Barry Ritholtz On September 21, 2003 @ 9:01 pm In Finance,Media | Comments Disabled

Quote of the day:

Never mind the $140 million paid to Richard A. Grasso for his work as a casino greeter. Never mind the hypocrisy of the New York Stock Exchange directors giving Mr. Grasso his money and then booting him for taking it. The big shocker in the Grasso imbroglio may be that two years after Enron, almost a year and a half after WorldCom and long after corporate America told us that we were through with scandals and back on ethical ground, anyone who turns over a corporate rock can still find the earth crawling with maggots.

-Gretchen Morgenson, As Scandals Still Flare, Small Victories for Investors [1]
The New York Times, September 21, 2003


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[1] As Scandals Still Flare, Small Victories for Investors : http://www.nytimes.com/2003/09/21/business/yourmoney/21WATC.html

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