Financial Times FT.com

On Wall Street: Lifting the NYSE blues

By David Wighton in New York

Published: June 16 2004 15:52 | Last updated: June 16 2004 15:52

The last few weeks have done little for the battered image of the New York Stock Exchange.

The legal action over the pay of its former chairman, Richard Grasso, has revealed further evidence of serious management failings at the world’s leading stock exchange.

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