SPENCER PLATT/GETTY IMAGES

After he got the New York Stock Exchange up and running within days of the 9/11 attacks, the N.Y.S.E. chairman became a symbol of the country's resilience. But he was forced from the chairmanship two years later and became an emblem of corporate greed. Grasso resigned when it was revealed that he would receive $140 million in deferred pay, a staggering sum approved by the corporate titans he was charged with regulating.

Previous Next
QUICK LINKS: Cover Story | Photo Essay | People Who Mattered | In Memoriam | Past Choices | Back to TIME.com Home
FROM THE DECEMBER 29, 2003 ISSUE OF TIME MAGAZINE; POSTED SUNDAY, DECEMBER 21, 2003

Copyright © 2003 Time Inc. All rights reserved.
Reproduction in whole or in part without permission is prohibited.

Subscribe | Customer Service | Help | Site Map | Search | Contact Us
Privacy Policy | Terms of Use | Reprints & Permissions | Press Releases | Media Kit