White House Has No Opinion On Grasso's Pay Package

[Nambe]

DOW JONES NEWSWIRES

The Bush administration said Wednesday it had no opinion on the controversy surrounding New York Stock Exchange Chairman Richard Grasso's $140 million pay package.

"That is a matter for the board of the New York Stock Exchange," White House spokesman Scott McClellan said. ---

New York State Comptroller Alan Hevesi and North Carolina State Treasurer Richard Moore have both called on Grasso to resign over the size of the pay package. Both Hevesi and Moore oversee billions in investments in the stock exchange.

[cosmicdot]

1. not surprised - they're profiteering, too

and, a big party to the corruption dragging this country down

[realFedUp]

2. That board ought to be fired

same lack of oversight that Bushies practice

[stoystown]

3. No opinion, that is...

other than they are pissed off that someone outside the Junta is making the big bucks.

[Nashyra]

4. Of course not

They see absolutely no reason to question why it is galling for only a few to rake in the millions at the expense of others, it is their MO.