The chairman of the stock exchange - he governed "not wisely but too well"

Forbes: " If Richard Grasso's primary responsibility as chairman and chief executive of the New York Stock Exchange was to serve the interest of its members, then perhaps he did his job too well."

More hereon this topic from Professor Bainbridge.

Comments

[Professor Bainbridge]

Hi Ernie: I've been nusily blogging away on this topic. My latest post, with links to earlier ones, is at: http://professorbainbridge.typepad.com/corporation_law_and_econo/2003/09/larry_kudlow_on.html.

Keep up the good work. - Steve