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Archive Home > 2009 > January > 24 > A CULTURE OF entitlement

A CULTURE OF entitlement

Wall Street was given carte blanche for years

By Madlen Read / The Bulletin
January 24, 2009

NEW YORK — John Thain should have known the rules.

After all, when he became CEO of the New York Stock Exchange in 2004, he replaced Richard Grasso — a man who embodied the excesses of the times and was forced out for taking a massive annual pay package of $187.5 million.....

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