King of the Club
Richard Grasso and the Survival of the New York Stock Exchange
Gasparino, Charles
Hardcover
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BOOK SYNOPSIS
Until recently, no figure loomed larger on Wall Street than Richard Grasso, the former head of the New York Stock Exchange. Though short in stature, his power and influence was immense. During his 35 years at the exchange, the last seven as its Chairman, Grasso was known on the floor of the Exchange as The Little Guy in the Dark Suit who commanded the attention of politicians, brokered deals with the nation's most influential businessmen and became a national hero for his work helping Wall Street recover from the 9/11 terrorist attacks. KING OF THE CLUB chronicles the amazing rise, fall, and possible rise again of Richard Grasso, and also tells the modern history of the all–powerful institution that he came to symbolize: The New York Stock Exchange. Known as The Club, the NYSE is the world's biggest stock market, where trillions of dollars of stocks of the nation's largest companies are priced and traded each day between its 9:30 am opening bell and its 4 pm close.
With Grasso in charge, the NYSE experienced the greatest growth in its 213 year history. KING OF THE CLUB will take readers behind the scenes to explore Grasso's many battles with Paulson, from the high–tension goverment hearings where Grasso bested his Dartmouth–educated rival in front of the US Senate Banking Committee, to their showdown amid the biggest controversy in Grasso's career: the disclosure of his $140 million pay package in 2003 that led to his ouster later that year.
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MORE BOOK INFO
ISBN: 006089833X
Dewey Decimal: 332.64/273092
Library of Congress: 2007042627
Book Publisher: Harpercollins
Language: ENG
No. of Pages: 383
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