Richard Grasso and NYSE Compensation

Major Studies which are hyperlinked in the article (and also covered in the following alphabetized list:

Webb Report (internal NYSE self-study on executive compensation)
Professor Bebchuk. Lucian and Jesse Fried, 2005. "Executive Compensation at Fannie Mae: A Case Study of Perverse Incentives, Nonperformance Pay, and Camouflage," Discussion Paper, Harvard Law School, February, 2005.
FNMA study, Federal Reserve Bank of St. Louis
OFHEO Report (Evaluation), Fannie May, May 2006 (Warren Rudman)
Appendix A: calculations of Grasso’s compensation


Abbott, Langer and Associates. "Compensation and Non-Profit Organizations."

Anderson, Jenny, 2005. "15 Specialists from Big Board are Indicted," Wall Street Journal, April 13, 2005, page C1.

Bainbridge, Stephen, Blog, 2004 (listed among Grasso Links as "Bainbridge Conclusions."), Tech Central Station, May 5, 2004.

Bainbridge, Stephen, 2002. "A Critique of the NYSE’s Director Independence Listing Standards," ICLA School of Law Research Paper No. 02-15.

Bebchuk. Lucian and Jesse Fried, 2005. "Executive Compensation at Fannie Mae: A Case Study of Perverse Incentives, Nonperformance Pay, and Camouflage," Discussion Paper, Harvard Law School, February, 2005.

Bebchuk, Lucian and Yaniv Grinstein, 2005. "The Growth of Executive Pay," Discussion Paper, Harvard Law School, April, 2005.

Bebchuk, Lucian and Robert Jackson 2005. "Putting Executive Pensions on the Radar Screen," Harvard University John M. Olin Discussion Series, March 2005.

Bogle, John A., 2003. "Remarks of John A. Bogle," Wall Street Journal, September 19, 2003.

Council on Foundations 2002. "Determining Reasonable Compensation for Foundation Directors and Trustees: A Guidance Memorandum from the Board of Directors of the Council on Foundations," December 6, 2002.

Council of Institutional Investors (CII), 2003. "Private Entity with a Public Purpose: Corporate Governance at the New York Stock Exchange." Washington, D.C.

Dent, George W. Jr. 2005. "Corporate Governance: Still Broke, No Fix in Sight." Case Research Paper Series in Legal Studies, August 2005.

Donaldson, William H. and Harvey L. Pitt, 2007. "Outdated and Inefficient," The Wall Street Journal Online, January 6, 2007.

Emmons, William R. and Gregory E. Sierra, 2004. "Executive Compensation at Fannie Mae and Freddie Mac", Supervisory Policy Analysis Working Paper 2004-06, Federal Reserve Bank of St. Louis, October 26.

Frank, Robert, 2005. "Don Imus’s Ranch for Sick Children Draws Scrutiny," The Wall Street Journal Online," March 24, 2005.

Frumkin, Peter and Elizabeth K. Keating 2001. The Price of Doing Good: Executive Compensation in Nonprofit Organizations. The Hauser Center for Nonprofit Organizations, Harvard University, October 2001.

Gasparino, Charles, 2006. "Would You Buy Stock in this Man?" New York, July 27, 2006, p. 36.

Jenkins, Holman W., Jr. 2004. "Bored of Directors," The Wall Street Journal Online, May 26, p. 1.

Johnson, Carrie, 2005. "Fifteen NYSE Traders Indicted," The Wall Street Journal, April 13, Al.

Lewis, Michael, 2000. The New New Thing. New York, W.W. Norton & Co., Inc.

Lucchetti, Aaron, 2006. "Thain Engineers Changes at NYSE," The Wall Street Journal, November 17, 2006.

McCall, W. Carl. "Summary of Events Regarding NYSE Executive Compensation" (appendix to the Webb Report or the Spitzer Complaint).

McDermott Will and Emery, 2004. Newsletter: "IRS and Congress Target Exempt Organizations’ Executive Compensation Practices," June 25, 2004.

New York, state of, Attorney General Eliot Spitzer, Complaint, May 24, 2004.

New York Stock Exchange, Annual Report 2004. New York: New York.

O’Hara, Terence, 2006. "Determining Pay at Freddie Mac, Fannie Mae," Washington, July 10.

Perkins Cole, 2004. "NYSE Amends Listing Standards to Clarify Corporate Governance Requirements," November 23, 2004.

Strassel, Kimberley A. 2005. "Behind the Spitzer Curtain," Wall Street Journal, June 14, 2005.

U. S. Office of Federal Housing Enterprise Oversight, "Report of the Special Examination of Fannie Mae," May, 2006.

U.S. Securities and Exchange Commission, 2004. "SEC Authorizes Formal Investigation of Matters Raised in Webb Report," Press Release, March, 2004.

U.S. Securities and Exchange Commission, 2004. "Settlement Reached with Five Specialist Firms for Violating Federal Securities Laws and NYSE Regulations," Press Release 2004-42.

U.S. Senate, 2005. Transcript: Senate Finance Committee Hearing on Charitable Organizations, Chairman Chuck Grassley, April 5, 2005.

U.S. Senate, 2005. Panel on the Nonprofit Sector, March 1, 2005.

U.S. Senate Finance Committee, "Panel on the Nonprofit Sector News Stories about the Panel – Senate Finance Committee Hearing," Summary of Newspaper Coverage, April 5-6, 2005.

Walker, David M. 2005. "Testimony before the House Committee on Ways and Means by the Honorable David M. Walker, Comptroller, U.S. Government Accountability Office," April 20, 2005.

Webb, Dan K. 2003. Report to the New York Stock Exchange on Investigation Relating to the Compensation of Richard A. Grasso. Winston & Strawn, LLP, December 15, 2003.

Wright, Jean and Jay H. Rotz, 1993. "Reasonable Compensation," 1993 EO CPE Text.