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Richard Grasso, chairman and chief executive of the New York Stock Exchange, was the defendant in a civil suit filed by New York Attorney General Eliot Spitzer. In the suit, Spitzer demanded that Grasso return more than $100 million of his compensation package, which totalled about $140 million. Grasso resigned in Sept. 2003 amid outrage over his excessive salary. Information Please® Database, © 2007 Pearson Education, Inc. All rights reserved.
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