Compensation must be in line with services rendered. What a joke!!

So Spitzer now sets the compensation for American companies? What a joke. Grasso did a great job of running the exchange. Now he gets penalized because the board awarded him what is viewed as excessive comp. Excuse me but the amount of business that Grasso brought to the NYSE should be reviewed. The logic of the NYSE being a not for profit is totally flawed. Spitzer will lose this battle.