DOCSLIB.ORG

PDF Download King of the Club : Richard Grasso and the Survival of the New York Stock Exchange

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
PDF Download King of the Club : Richard Grasso and the Survival of the New York Stock Exchange KING OF THE CLUB : RICHARD GRASSO AND THE SURVIVAL OF THE NEW YORK STOCK EXCHANGE PDF, EPUB, EBOOK Charles Gasparino | 432 pages | 15 Nov 2017 | HarperCollins Publishers Inc | 9780060898342 | English | New York, United States King of the Club : Richard Grasso and the Survival of the New York Stock Exchange PDF Book Brent Nelson rated it it was ok Oct 13, But on that day, Richard Grasso faced a challenge no other CEO of the Club had ever imagined: how to bring the very heart of global finance back from near-death to functioning operation. Emilie Richards Paperback Books. Swiftly, completely, and without the public knowing how desperate the struggle really was. Thain stepped down to become the chairman of Merrill Lynch. Jul 30, Teri Temme rated it it was amazing. Harvard University Press. Rags-to-riches stories abound in American lore, but even Horatio Alger would have been hard-pressed to write one as powerful as Richard Grasso's: the son of a working-class family whose childhood dream was to become a cop, he grew up in New York City's outer boroughs, as far removed from the marble halls, expensive suits, and imported cigars of the New York Stock Exchange as if his grandparents had remained in Italy. According to Mr. Close dialog. Crime Police Blotter Jan. Know More About his Wife. No trivia or quizzes yet. It was this lack of aptitude for dealing with the coalitions that led to his ouster as CEO. Gasparino's New York Times best-seller, The Sellout is the definitive book on the most recent volatile, anxiety-ridden era in our national's socioeconomic history. The Day the Market Fell The story of September 11, —the shock, panic, resilience, and heroism—is one that's been told many times. March 17, Current Attorney General Andrew Cuomo stated that he had no intention to appeal this decision any further and that the case was effectively over. It was a package that, when leaked, brought down a hailstorm of protest; bitter divisions among the most powerful names on Wall Street; an investigation from the "Scourge of Wall Street," then—Attorney General Eliot Spitzer; and Grasso's eventual humiliating downfall. Minus the tony upbringing, affluent prep schools, or inside connections that were de rigueur for top Wall Street players, Grasso would master the subtle deal-making and politics necessary to succeed in the most competitive business on Earth. PayPal Pets. This not only made it seem as if the exchange was belittling the severity of the investigation into a violation of securities rules — it also made an enemy of the most powerful newspaper in finance. Advanced Search. The login page will open in a new tab. Gasparino does. He started in when he was hired by the Exchange as a floor clerk. Gasparino provides a rare inside glimpse of how financial titans like Henry M. Jeremy rated it liked it Aug 24, King of the Club : Richard Grasso and the Survival of the New York Stock Exchange Writer View All Events…. Sorry, you have Javascript Disabled! I was hoping for answers to these questions in this book; unfortunately, I did not get them. Want to Read Currently Reading Read. Matt Sussman rated it liked it May 20, Jun 10, Larry rated it really liked it. It was November of , and the president of the New York Stock Exchange was co-hosting dinner at a posh Italian restaurant in this nouveau riche enclave north of Miami for members of the financial press. Grasso himself — in the living rooms of investors all over the world. Led by a co-founder of Home Depot, Kenneth G. The short, balding executive was heading towards a black stretch limo that pulled up behind the van. Goodreads helps you keep track of books you want to read. Enlarge cover. Thain, as chairman. Washington Post. Find Virginia Juliano's phone number, address, and email on Spokeo, the leading online directory for contact information. Jeremy rated it liked it Aug 24, JGS rated it really liked it Dec 16, The awards, given by Investigative Reporters and Editors Inc. McMillan , Hardcover 5. Gasparino, Mr. To see what your friends thought of this book, please sign up. Richard moved up in the ranks, becoming president of the exchange and then CEO in the early s. As a result, the big banks responsible for the credit crisis get rescued, while small businesses and ordinary Americans get crushed by higher taxes and irresponsible spending. Get A Copy. The King of the Club paperback edition, featuring a full update on the story, 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. The court ruled that Grasso was entitled to the entirety of his compensation. Rachel Penski. Robert Love rated it really liked it Mar 08, About Charles Gasparino. Minus the tony upbringing, affluent prep schools, or inside connections that were de rigueur for top Wall Street players, Grasso would master the subtle deal-making and politics necessary to succeed in the most competitive business on Earth. Thain stepped down to become the chairman of Merrill Lynch. But according to Gasparino, President Obama is faking his outrage, and his calls for new policies to rein in banks that are "too big to fail" are just pabulum. According to Mr. Charles Gasparino. On May 26, , Grasso responded with a counter-suit against the Exchange and its chairman John Reed. Category Commons. Scott rated it really liked it Feb 18, As competing camps plotted his downfall, the exchange's fate became clear: without Grasso, it might survive and indeed flourish, but the Exchange, the firms that supplied it with business, and the structures underpinning the movement of money around the country and the globe would never be the same. Hey Sue - I'm only doing this for you. King of the Club : Richard Grasso and the Survival of the New York Stock Exchange Reviews His other noteworthy books include Blood on the Street and King of the Club. About the Author. Gasparino does. I come from that type of back ground. About Charles Gasparino. More from Around NYC. Be the first to write a review. Brad Feld rated it liked it Dec 30, Gasparino provides a rare inside glimpse of how financial titans like Henry M. Just a moment while we sign you in to your Goodreads account. I only give 5-stars to Vince Flynn. The book did offer insights into how financial markets operate, but I never understood how a man fell so far without embezzling millions. He married Virginia Juliano. Privacy Copyright. But despite his successes, Grasso would soon sow the seeds of his own downfall, an event that would change the Exchange forever. The lawsuit against Grasso continued to move toward trial in with neither side showing any interest in settling. Retirement packages often have strict timetables as to when withdrawals can be made. Prior to joining FBN, he was an on-air editor for CNBC where he was responsible for breaking some of the biggest stories affecting the financial markets during the recent financial crisis, including the first reports of AIG's government bailout, details behind the collapse of Lehman Brothers and the shakeups at Merrill Lynch and Morgan Stanley. The Day the Market Fell The story of September 11, —the shock, panic, resilience, and heroism—is one that's been told many times. Grasso told reporters that he was bringing "a message of cooperation from U. Submit an Event. Denoument of the story to end of lawsuits leaves you hanging to know final outcome. This not only made it seem as if the exchange was belittling the severity of the investigation into a violation of securities rules — it also made an enemy of the most powerful newspaper in finance. Packaging should be the same as what is found in a retail store, unless the item is handmade or was packaged by the manufacturer in non-retail packaging, such as an unprinted box or plastic bag. Other editions. In , he was nominated as part of a team of reporters for the paper's coverage of the New York Stock Exchange and the resignation of its former chairman Richard Grasso. This Note will use the lawsuit brought by Spitzer as a case study for proposing changes to New York's nonprofit corporation law. Erin Redoutey rated it really liked it Feb 25, Best Selling in Nonfiction See all. In the same hotel, his father worked as a bartender. By Joe DePaolo Sep 20th. Well-written to the point that it kept all the financial details from being too boring, this is an interesting read to a certain extent, that being I had no idea who Richard Grasso was, so I didn't really care, but found myself somewhat intrigued and caring about what happened. Published November 6th by Harper Business first published Category Commons. Matt Partington rated it it was amazing May 28, He met it with aplomb: his finest hour, and yet one that sowed the seeds of his own destruction. Dan Waldschmidt rated it it was amazing Sep 30, King of the Club is rife with many such examples — with far larger consequences than putting the noses of a few underpaid financial hacks out of joint. Buy It Now. During a SEC investigation Grasso invoked his Fifth Amendment right against self-incrimination in refusing to answer questions regarding his conduct during an NYSE investigation into possibly improper activities by Exchange specialist firms.
Load more

Recommended publications
  • Capital Compounders How to Beat the Market and Make Money Investing in Growth Stocks Revised & Expanded Second Edition
    Capital Compounders How to Beat the Market and Make Money Investing in Growth Stocks Revised & Expanded Second Edition Robin R. Speziale National Bestselling Author, Market Masters [email protected] | RobinSpeziale.com Copyright © 2018 Robin R. Speziale All Rights Reserved. ISBN: 978-1-7202-1080-1 DISCLAIMER Robin Speziale is not a register investment advisor, broker, or dealer. Readers are advised that the content herein should only be used solely for informational purposes. The information in “Capital Compounders” is not investment advice or a recommendation or solicitation to buy or sell any securities. Robin Speziale does not propose to tell or suggest which investment securities readers should buy or sell. Readers are solely responsible for their own investment decisions. Investing involves risk, including loss of principal. Consult a registered professional. CONTENTS START HERE vi INTRODUCTION 1 1 How I Built a $300,000+ Stock Portfolio Before 9 30 (And How You Can Too!) My 8-Step Wealth Building Journey 2 Growth Investing vs. Value Investing 21 3 My 72 Rules for Investing in Stocks 28 4 Capital Compounders (Part 1/2) 77 5 Next Capital Compounders (Part 2/2) 88 6 Think Short: Becoming a Smarter Investor 96 7 Small Companies; Big Dreams 106 8 How to Find Tenbaggers 123 9 How I Manage My Stock Portfolio and Generate 131 Outsized Returns – The Three Bucket Model 10 How This Hedge Fund Manager Achieved a 141 24% Compound Annual Return (Since 1998!) 11 100+ Baggers – Top 30 Super Stocks 145 12 Small Cap Ideas – Tech Investor Interview
    [Show full text]
  • Securities Market Structure and Regulation
    INTRODUCTION In beginning this symposium on the structure and regulation of the securities markets, I’m sure we will all keep in mind George Santayana’s caution that: “Those who cannot remember the past are condemned to repeat it.”1 Although enormous changes have taken place over the past few decades, we keep hearing echoes of the past. When the London Stock Exchange (LSE) switched from floor-based to electronic trading exactly twenty years ago, it decided that the transformation might be too traumatic for its members, so it adopted a hybrid market—an electronic market combined with traditional floor trading. The hybrid market lasted just over four months, at which time the LSE closed its floor for trading in equities. Will the New York Stock Exchange’s experience with its new hybrid market be the same or different? The Consolidated Limited Order Book (CLOB), which I expect will be discussed today, was first proposed to the SEC thirty years ago by Professor Peake, one of today’s speakers, in 1976, a year after Congress told the SEC to create a national market system. The CLOB, which would execute investors’ orders electronically under a rule of time and price priority, seemed to him the best way to assure best execution of investors’ orders throughout the national market system. In 1978, the SEC told the exchanges to create a CLOB. A year later the Commission had second thoughts: it feared that a CLOB would lead to the elimination of exchange trading floors by inexorably forcing all trading into a fully automated trading system.
    [Show full text]
  • Stock Exchanges at the Crossroads
    Fordham Law Review Volume 74 Issue 5 Article 2 2006 Stock Exchanges at the Crossroads Andreas M. Fleckner Follow this and additional works at: https://ir.lawnet.fordham.edu/flr Part of the Law Commons Recommended Citation Andreas M. Fleckner, Stock Exchanges at the Crossroads, 74 Fordham L. Rev. 2541 (2006). Available at: https://ir.lawnet.fordham.edu/flr/vol74/iss5/2 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Law Review by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact [email protected]. Stock Exchanges at the Crossroads Cover Page Footnote [email protected]. For very helpful discussions, suggestions, and general critique, I am grateful to Howell E. Jackson as well as to Stavros Gkantinis, Apostolos Gkoutzinis, and Noah D. Levin. The normal disclaimers apply. An earlier version of this Article has been a discussion paper of the John M. Olin Center's Program on Corporate Governance, Working Papers, http://www.law.harvard.edu/programs/ olin_center/corporate_governance/papers.htm (last visited Mar. 6, 2005). This article is available in Fordham Law Review: https://ir.lawnet.fordham.edu/flr/vol74/iss5/2 ARTICLES STOCK EXCHANGES AT THE CROSSROADS Andreas M Fleckner* INTRODUCTION Nemo iudex in sua causa-No one shall judge his own cause. Ancient Rome adhered to this principle,' the greatest writers emphasized it, 2 and the Founding Fathers contemplated it in the early days of the republic: "No man is allowed to be a judge in his own cause; because his interest would '3 certainly bias his judgment, and, not improbably, corrupt his integrity.
    [Show full text]
  • Temple Law Review Articles
    TEMPLE LAW REVIEW © TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HIGHER EDUCATION VOL. 86 NO. 2 WINTER 2014 ARTICLES CASH OF THE TITANS: ARBITRATING CHALLENGES TO EXECUTIVE COMPENSATION Kenneth R. Davis* I. INTRODUCTION It is disturbing how brazenly corporate executives have grabbed ever-bigger compensation packages.1 The facts are stunning. Steve Jobs’s successor at Apple, Tim Cook, pulled in more compensation in 2011 than any other CEO in the United States.2 The figure came to a whopping $378 million, a price tag that must have eaten up the profits from quite a few iPad sales.3 Cook’s pay cut in 2012 to a mere $4.2 million probably did not alarm him since the value of his 2011 stock grants had rocketed to $510 million.4 Larry Ellison, CEO of Oracle, might have felt snubbed when his * Professor of Law and Ethics, Fordham University Graduate School of Business; J.D., University of Toledo, School of Law, 1977; M.A., University of California, Long Beach, 1971; B.A., State University of New York at Binghamton, 1969. My thanks to Professor Brent Horton for his insightful comments, and to Jean, my wife, a magician of a librarian, who, with the tap of her finger, can transform murky databases into fonts of illumination. 1. Although this Article focuses primarily on CEO compensation, the pay levels of other high-ranking managers are also often inflated and are therefore a matter of concern. See infra Part II.C.1 for a discussion of In re The Goldman Sachs Group, Inc. Shareholder Litigation, where the compensation of managers was tied to a percentage of revenues.
    [Show full text]
  • Citigroup: a Case Study in Managerial and Regulatory Failures
    CITIGROUP: A CASE STUDY IN MANAGERIAL AND REGULATORY FAILURES ARTHUR E. WILMARTH, JR.* “I don’t think [Citigroup is] too big to manage or govern at all . [W]hen you look at the results of what happened, you have to say it was a great success.” Sanford “Sandy” Weill, chairman of Citigroup, 1998-20061 “Our job is to set a tone at the top to incent people to do the right thing and to set up safety nets to catch people who make mistakes or do the wrong thing and correct those as quickly as possible. And it is working. It is working.” Charles O. “Chuck” Prince III, CEO of Citigroup, 2003-20072 “People know I was concerned about the markets. Clearly, there were things wrong. But I don’t know of anyone who foresaw a perfect storm, and that’s what we’ve had here.” Robert Rubin, chairman of Citigroup’s executive committee, 1999- 20093 “I do not think we did enough as [regulators] with the authority we had to help contain the risks that ultimately emerged in [Citigroup].” Timothy Geithner, President of the Federal Reserve Bank of New York, 2003-2009; Secretary of the Treasury, 2009-20134 * Professor of Law and Executive Director of the Center for Law, Economics & Finance, George Washington University Law School. I wish to thank GW Law School and Dean Greg Maggs for a summer research grant that supported my work on this Article. I am indebted to Eric Klein, a member of GW Law’s Class of 2015, and Germaine Leahy, Head of Reference in the Jacob Burns Law Library, for their superb research assistance.
    [Show full text]
  • A Business Lawyer's Bibliography: Books Every Dealmaker Should Read
    585 A Business Lawyer’s Bibliography: Books Every Dealmaker Should Read Robert C. Illig Introduction There exists today in America’s libraries and bookstores a superb if underappreciated resource for those interested in teaching or learning about business law. Academic historians and contemporary financial journalists have amassed a huge and varied collection of books that tell the story of how, why and for whom our modern business world operates. For those not currently on the front line of legal practice, these books offer a quick and meaningful way in. They help the reader obtain something not included in the typical three-year tour of the law school classroom—a sense of the context of our practice. Although the typical law school curriculum places an appropriately heavy emphasis on theory and doctrine, the importance of a solid grounding in context should not be underestimated. The best business lawyers provide not only legal analysis and deal execution. We offer wisdom and counsel. When we cast ourselves in the role of technocrats, as Ronald Gilson would have us do, we allow our advice to be defined downward and ultimately commoditized.1 Yet the best of us strive to be much more than legal engineers, and our advice much more than a mere commodity. When we master context, we rise to the level of counselors—purveyors of judgment, caution and insight. The question, then, for young attorneys or those who lack experience in a particular field is how best to attain the prudence and judgment that are the promise of our profession. For some, insight is gained through youthful immersion in a family business or other enterprise or experience.
    [Show full text]
  • Baker Library Core Collection by Author Generated 3/4/2011
    Baker Library Core Collection By Author AUTHOR TITLE Call Number Aaker, David A Brand leadership HD69.B7 A215 2000 Aaker, David A Brand portfolio strategy : creating relevance, differentiation, energy, leverage, and clarity HD69.B7 A2154 2004 Aaker, David A Building strong brands HD69.B7 A216 1996 Aaker, David A Strategic market management HF5415.13 .A23 2005 Abbott, Andrew Delano Methods of discovery : heuristics for the social sciences H61.15 .A23 2004 Abbott, Jeffrey Uniting North American business : NAFTA best practices HF1746 .A23 2002 Abdelal, Rawi, 1971- Capital rules : the construction of global finance HG3881 .A23 2007 Abernathy, William J The productivity dilemma : roadblock to innovation in the automobile industry HD9710.U52 A25 1978 Abrahamson, Eric John Change without pain : how managers can overcome initiative overload, organizational chaos, and employee HD58.8 .A265 2004 burnout Abrams, Rhonda M The successful business plan : secrets & strategies HD62.5 .A344 2003 Adair, Troy A. (Troy Alton), 1964- Excel applications for corporate finance HG4012.5 .A33 2005 Adams, Cary W., 1946- Six Sigma deployment TS156 .G865 2003 Afifi, A. A. (Abdelmonem A.), 1939- Computer-aided multivariate analysis QA278 .A33 2004 Afuah, Allan Business models : a strategic management approach HD30.28 .A347 2004 Afuah, Allan Innovation management : strategies, implementation and profits HD58.8 .A394 2003 Aguilar, Francis J. (Francis Joseph) Managing corporate ethics : learning from America's ethical companies how to supercharge business HF5387 .A4
    [Show full text]
  • Kathy Williams
    streetwise BY STEPHEN BARLAS, MATT KOPECKY, BOB RANDALL, KATHY WILLIAMS [NEWS] FASB, IASB Publish Joint Proposals on MAKING CMA THE Business Combinations | KATHY WILLIAMS GOLD STANDARD The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have each published an Exposure Draft containing joint pro- posals to improve the accounting and reporting of business combinations. According ➤Help validate the value of to both groups, the objective of the project is to develop a single high-quality stan- the Certified Management dard for accounting for business combinations that could be used for both domestic Accountant (CMA) credential! and cross-border financial reporting. The proposed standard would replace the The Institute of Certified Man- FASB’s Statement of Financial Accounting Standards (SFAS) No. 141, “Business Com- agement Accountants (ICMA) is binations,” and the IASB’s International Financial Reporting Standard (IFRS) 3, preparing to launch a new job “Business Combinations.” analysis to confirm the knowl- Both Boards said that the proposals retain the fundamental requirement to account edge, skills, and abilities need- for all business combinations using a single method—where one party is always iden- ed by professionals who tified as acquiring the other. The principal proposed changes include a requirement practice management account- “to measure the business acquired at fair value and to recognize the goodwill attribut- ing and financial management able to any noncontrolling interests (previously referred to as minority interests) inside organizations. This rather than just the portion attributable to the acquirer.” There would also be fewer updated analysis was strongly exceptions to measuring the assets acquired and liabilities assumed at fair value.
    [Show full text]
  • Buy the Rumor, Sell the Fact : 85 Maxims of Investing and What They Really Mean
    BUY THE RUMOR, SELL THE FACT This page intentionally left blank. BUY THE RUMOR, SELL THE FACT 85 Maxims of Investing and What They Really Mean Michael Maiello McGraw­Hill New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2004 by The McGraw­Hill Companies, Inc. All rights reserved. Manufac­ tured in the United States of America. Except as permitted under the United States Copy­ right Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior writ­ ten permission of the publisher. 0­07­144225­1 The material in this eBook also appears in the print version of this title: 0­07­142795­3. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fash­ ion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw­Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw­hill.com or (212) 904­ 4069. TERMS OF USE This is a copyrighted work and The McGraw­Hill Companies, Inc. (“McGraw­Hill”) and its licensors reserve all rights in and to the work.
    [Show full text]
  • Good Bad Jack Welch Best Books 2005
    BEST GE, Wal-Mart, or whoever else’s BOOKS05 corporate garden is currently in bloom. And managers themselves frequently arrange their financial reporting to exhibit “flowers of success” that later turn out to be rootless and unsustainable. In the worst cases, such as Enron, the blossoms turn out to be entirely artificial. Similar charges could be leveled at those most ardent of flower arrangers: writers of books on manage- ment. Too often, their books depict managers as lone actors in generic landscapes, whose methods and tech- niques can be freely transferred from one corporate situation to another. Yet if we are to learn from the expe- rience of others, surely we have to understand their thoughts and actions in the particular situations in which they found themselves. When it comes to human action of any kind, context matters. f e Each of the five books reviewed in this essay under- a t u scores the importance of context in business, though in r e different ways and from very different perspectives. The s b first two, Winning (HarperBusiness, 2005), by Jack e s t Welch with Suzy Welch, and Will Your Next Mistake Be b u Fatal? Avoiding the Chain of Mistakes That Can Destroy s i THE Good, (Wharton School Publishing, 2005), n Your Organization e s by Robert E. Mittelstaedt Jr., are written specifically for s b managers. The other three are aimed at more general o THE Bad, AND o audiences, but provide important lessons for business k s leaders by reviewing both the recent and distant history Jack Welch of financial scandals: Conspiracy of Fools: A True Story (Broadway Books, 2005), by Kurt Eichenwald; Blood on the Street: The Sensational Inside Story of How Wall Street by David K.
    [Show full text]
  • Testimony of Dr
    TESTIMONY OF DR http://hsgac-amend.senate.gov/old_site/050702jaedicke.htm STATEMENT OF DR. ROBERT K. JAEDICKE Before the Permanent Subcommittee on Investigations The Committee on Government Affairs U.S. Senate May 7, 2002 Chairman Levin, Senator Collins, and Members of the Subcommittee. Good morning, and thank you for the opportunity to address the Subcommittee. My name is Robert Jaedicke. I served as the Chairman of the Audit Committee of the Board of Directors of Enron Corporation. As part of an overall restructuring of the Board, I recently resigned as a director, having served since the mid-1980s. Let me briefly tell you about my background. I joined the faculty of the Stanford Graduate School of Business in 1961. I served as Dean of the Business School from 1983 until 1990. At that time, I returned to the faculty of the Business School, and retired in 1992. I. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS Throughout my tenure as Chairman of the Enron Board’s Audit Committee, I was committed to ensuring that it was an effective and actively functioning body. Over the last few years, we undertook to review and strengthen our already vigorous control systems. In 1999, we began a number of initiatives to ensure that we remained a “best practices” Audit Committee. Throughout 2000 and into 2001, our Committee worked with Arthur Andersen to make certain we complied with the recommendations of the Securities and Exchange Commission, the New York Stock Exchange, and the Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees. That effort culminated in February 2001, when the Audit Committee drafted a new charter that was approved by the full Board.
    [Show full text]
  • Tech Startups Moving to NYC Out-Of-Town Broker Wave of Digital Companies from Across U.S
    20120514-NEWS--0001-NAT-CCI-CN_-- 5/11/2012 7:30 PM Page 1 INSIDE Jamie Dimon’s TOP STORIES $2 billion ‘oops!’ Brooklyn Brewery In the taps new leaders Markets PAGE 2 ® Page 6 VOL. XXVIII, NO. 20 WWW.CRAINSNEWYORK.COM MAY 14-20, 2012 PRICE: $3.00 Tech startups moving to NYC Out-of-town broker Wave of digital companies from across U.S. speed with which we’re able to de- vate investors, and supported with hits a local wall velop products will be accelerated.” incubator labs and other shared PAGE 2 sees Big Apple as base for next-stage growth For decades, New York work spaces, some of them has been known as the sponsored by the city.There’s time to head for the big city. And town companies left when also proximity to hometown Pearson’s test flubs BY MATTHEW FLAMM $2.8B there wasn’t any question which one. they needed to expand and REVENUES for industries like media, adver- could cost it dearly “Our clients are in New York,” couldn’t afford the higher software firm tising, fashion and finance— It took three years and $1 million for said Alex White,chief executive and salaries and rent. But a re- Infor, which all going through digital dis- PAGE 4 moves its HQ the founders of Next Big Sound to co-founder of Next Big Sound, versal is taking place here in June ruptions—and a growing build their company out of an incu- which analyzes data for the music among tech firms:Compa- pool of engineers, as well as Enrollments are up bator lab in Boulder, Colo.
    [Show full text]