1 What are the ethical issues in this case 2 Who are the stakeholders impacted by this situation How would you rank their claims 3 What is your reaction to Richard Grassos compensation package What criteria are bringing you to your conclusion 4 Do you agree with the firing of Richard Grasso Do you agree with Attorney General Spitzers lawsuit Who is to blame for this situation Who are the victims Irrespective of what the courts decide, who do you think is in the wrong 5 What changes would you make so that this problem would not happen again The former New York Stock Exchange (NYSE) Chairman Richard A (Dick) Grasso has a personal story that is well known in Wall Street circles His father left his family when Grasso was an infant, and so he was raised in a blue collar neighborhood by a single mother and two unmarried aunts After dropping out of Pace University and then serving two years in the Army, Grasso joined the NYSE as a clerk in the stock lists department Rising through the ranks, Grasso eventually became the NYSE chairman and CEO in 1995

Question

1  What are the ethical issues in this case  2  Who are the stakeholders impacted by this situation  How would you rank their claims  3  What is your reaction to Richard Grassos compensation package  What criteria are bringing you to your conclusion  4  Do you agree with the firing of Richard Grasso  Do you agree with Attorney General Spitzers lawsuit  Who is to blame for this situation  Who are the victims  Irrespective of what the courts decide, who do you think is in the wrong  5  What changes would you make so that this problem would not happen again  The former New York Stock Exchange (NYSE) Chairman Richard A  (Dick) Grasso has a personal story that is well known in Wall Street circles  His father left his family when Grasso was an infant, and so he was raised in a blue collar neighborhood by a single mother and two unmarried aunts  After dropping out of Pace University and then serving two years in the Army, Grasso joined the NYSE as a clerk in the stock lists department  Rising through the ranks, Grasso eventually became the NYSE chairman and CEO in 1995

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1 A central ethical issue is the size of executive pay What level of compensation is appropriate for an executive Should it be based on the size of th...

Question: 1. What are the ethical issues in this case? 2. Who are the stakeholders impacted by this situation? How would you rank their claims? 3.

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