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Article: A home-grown revolutionary.(chairman of the New York Stock Exchange Richard Grasso)(Brief Article)
- Article from:
- The Economist (US)
- Article date:
- July 31, 1999
CopyrightCOPYRIGHT 1999 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Having argued for years that the New York Stock Exchange didn't much need to change, Richard Grasso has got religion. About time
AS CHAIRMAN of the New York Stock Exchange since 1995, Richard Grasso could be forgiven for sitting in his large Wall Street office and enjoying his success. Having joined at the bottom as a 21-year-old, he has led the Big Board through the greatest of its 207 years. Thanks in part to his ringing of the bell to start daily trading, he has become the public face of America's great bull market--whatever you do, do not let him hear you call it a bubble. Last October, he led New York's Columbus Day parade; in June he flew to Colombia to ...