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Grasso Joins Ranks of Super Rich
Updated from 2:14 p.m. EDT
Many executives have seen their paychecks squeezed in the new era of corporate responsibility. Not so for Richard Grasso, the chairman and CEO of the New York Stock Exchange.
Not only has the NYSE extended Grasso's employment contract until 2007, it also has awarded him an eye-popping $139.5 million in deferred compensation.
Grasso will earn an annual base salary of $1.4 million with a possible $1 million annual bonus under the new contract. ...
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