As the current chairman of the New York Stock Exchange, Richard Grasso is a Wall Street heavyweight.

This man is known for his short stature and great wit.

He did not go to college because of his poor family background when he was young, and after 27 years of hard work, Grasso became the number one person on the New York Stock Exchange.

It can be said that Richard Grasso's life experience is very inspiring.

But this very inspirational big man has recently fallen into *** trouble.

His salary is too high.

A while ago, well-known New York newspapers such as The Wall Street Journal and *** disclosed to the public the remuneration of the leadership of the New York Stock Exchange.

Among them, Richard Grasso, chairman of the New York Stock Exchange, will receive a total of more than $139 million in remuneration this year, excluding annual salary.

This level of remuneration has caused huge controversy inside and outside the industry.

Even if the New York Stock Exchange said that this compensation plan, unanimously approved by the board of directors, is completely reasonable, legal and compliant.

However, no matter how you look at it, this compensation, which consists of $40 million in executive savings, $51.6 million in accumulated retirement benefits, and $47.9 million in incentive incentives, is indeed too much in the eyes of many.

After the disclosure of the compensation plan, it immediately caused a strong controversy.

Some say it's an extraordinary number.

In the current overall downturn in the stock market, Grasso's compensation this time is more than the combined net profit of the New York Stock Exchange in the past three years.

Grasso himself is effectively a regulator, but he is paid the equivalent of a business leader.

This is very unreasonable.

In fact, since May last year, Grasso's remuneration situation has been criticized.

At that time, it was reported that Grasso's salary and bonus income in 2000 exceeded $10 million, dozens of times higher than that of Federal Reserve Chairman Alan Greenspan.

This was outrageous, and it also caused a wave of public opinion at the time.

However, the NYSE believes that because of Grasso's contributions to the NYSE, he deserves such compensation.

Under the suppression of the New York Stock Exchange, the turmoil was suppressed.

They also decided to extend Grasso's employment contract for a period of two years, until 2007.

His annual salary will remain unchanged at US$1.4 million, and there will be an "annual bonus" of not less than US$1 million.

This figure also significantly exceeds the total remuneration of the two chairmen of the London Stock Exchange and the German Stock Exchange.

These news and reports eventually caused huge dissatisfaction.

As a result, the New York Stock Exchange and Richard Grasso, have recently fallen into a big public opinion storm.

If it is not solved, let alone 2007.

Perhaps tomorrow, Richard Grasso will step down and resign.

At this time, Richard Grasso, who was in a hurry, suddenly received a notice from Smith Capital.

Said Abel Smith, when he wanted to invite him to come and talk.

God knows how happy Richard Grasso was at the time.

Almost half an hour later.

The New York Stock Exchange regulator, who is very busy every day, took the initiative to go to the Smith Building.

Take the initiative to appear in front of Abel.

"Oh, Mr. Grasso, good afternoon. I didn't expect you to come so early, I thought I'd see you in the afternoon." ….

In the office, Abel looked at the diminutive NYSE CEO in front of him, who had gone from a working-class family to a top Wall Street player, and he greeted him with a smile.

"Haha-"

Richard Grasso laughed heartily, his short body making a sound that didn't match his size.

"It's not far from 18 Broadway. Smith Media may be going public, and the kind of thing that will be in the newspapers will make all stock investors happy. As the chairman of the New York Stock Exchange, of course, I want to make it happen right away, so that I can live up to everyone's trust in me!"

This cunning oilman said high-sounding.

But for Richard Grasso himself, he is now in dire need of increasing the performance and fame of the New York Stock Exchange through the listing of a star company.

As a result, in the industry, there are ordinary people, who are paid sky-high prices for himself.

Richard needs to make everyone feel that he is getting paid for the sky-high price, and he is worth it.

Let the world's richest man Abel Smith let one of his star companies go public, there is no doubt that this kind of performance is this.

So at this time, except for Abel and his friends on Abel's side.

Among the people who most hope that Smith Media can go public immediately.

There must be the chairman of the New York Stock Exchange in front of him.

Looking at the old guy who was completely bald in front of him, that sincere look.

Already knows Richard now, Abel, who has a bag of shit under his ass.

It's not so easy to let the other party achieve their plan.

After all, the New York Stock Exchange is not the only listing channel for Smith Media.

In the U.S., there can be more than one stock exchange, the NYSE.

In addition to the NYSE, there are two other stock exchanges in the United States, which are the American Stock Exchange and the NASDAQ Stock Exchange.

It's just that in terms of scale, compared with the New York Stock Exchange, the latter two are insufficient.

But if Abel wants to, he can also list his company on the US Stock Exchange or NASDAQ.

A star company like Smith Media, even without considering Abel's influence, is also a favorite of the stock exchange.

Add to that the relationship between Abel.

Then it is the top company that any stock exchange will frantically compete for.

Any stock exchange in the world is willing to give him the green light.

"I'll tell you the truth. Mr. Grasso." Able smiled and said something that smacked of blackmail.

"Before you arrived, I also had David inform Mr. Sodano, and Mr. Greyfield. Maybe they're on their way to Smith Tower right now."

"Maybe they'll arrive here in the afternoon."

"But I want to say that the NYSE wasn't my only option. I hope you understand that."

The Mr. Sodano in Abel's mouth is Salvatore Sodano, the current CEO of the American Stock Exchange.

Mr. Greyfield is Robert Greyfield, president of the NASDAQ Stock Exchange.

These two men are often seen as Richard Grasso's biggest challengers.

The point is that in 1998, in order to compete with the strongest New York Stock Exchange, the two stock exchanges merged to form NASDAQ - AMEX Group of Companies. ….

In other words, in fact they are already their own people.

After the union of these two major exchanges, even the leading New York Stock Exchange is inferior in many aspects.

It's not that Richard can't hear the blackmail in Abel's words.

If you change to the boss of an ordinary company and want to go public, but play this trick.

Richard Grasso absolutely turned around and walked away.

He may even use the connections of the New York Stock Exchange to let other exchanges block this kind of self-defeating guy together.

But it was Abel who said these words in front of him, and it was Abel Smith's company that wanted to go public.

Coupled with himself, he really needs such good news recently to increase everyone's optimism about the performance of the New York Stock Exchange.

Even if he knew that Abel was blackmailing, Richard could only offer with tears at this time.

"5 percentage points." Richard Grasso gritted his teeth and gave a direct quote:

"Mr. Smith, as long as me

In office. I guarantee that in the future, the transaction fee of Smith Capital on the New York Stock Exchange will be reduced by 5% on the current basis."

Stock exchanges, generally non-profit institutions.

They are enforcers and regulators, but they also make money.

Stock exchanges in the European and American worlds, most of which are privately owned, also have a higher demand for profits.

Generally speaking, there are only a few ways to make money on the stock exchange.

One is transaction fees, which are often the main way for stock exchanges to make profits.

In addition, if a company goes public, many stock exchanges will also charge a fee.

The other is data services, which provide market information to independent information service providers, such as Bloomberg, Shihua, Reuters, etc., and charge information fees.

Transaction fees account for the lion's share of this.

As soon as Richard came up, he directly cut the 5% transaction fee.

It can already be said that sincerity is full.

Because the transaction fee of the New York Stock Exchange is not high.

If it's 5% less, that's even less.

What's more, in fact, the New York Stock Exchange has only what it can offer.

"10 percentage points. 10%, I will most likely choose the New York Stock Exchange."

Abel bargained.

"But...... 10% is too much."

"I believe that the Nasdaq and the American stock exchange are even willing to reduce by 15%, or more."

"Okay, okay...... Mr. Smith, 10%! No problem at all!"

Richard Grasso chose to compromise.

The rest is simpler.

As chairman of the New York Stock Exchange, Richard Grasso has repeatedly pledged to open various green channels for the listing of Smith Media.

Ensure that Smith Media can meet the listing needs of Abel in the shortest possible time.

Therefore, in the evening of the same day, Bloomberg, The Wall Street Journal, The American Sun, The New York Observer and other media, as well as many financial television stations, all published a news that was very important to the US stock market and stock market investors.

Wall Street Journal: [Blockbuster headlines! The top 5 in the United States, the top 10 in the world, and the media group of Mr. The richest man is about to go public! Smith Media was revealed to be listed on the New York Stock Exchange in May this year! 】….

Bloomberg: [NYSE Chairman Richard Grasso claimed that he had a smooth conversation with Mr. Abel Smith that morning. Mr. Smith believes that Richard's contribution to the NYSE is very important and critical. A large part of the reason why Smith Media chose the NYSE is because Mr. Grasso ......]

"***": [Disney, Time Warner, Viacom, and News Corp., which has been partially listed. Each of these media giants has a market capitalization of tens of billions of dollars. And now a new name is about to be added to this list, and it is Smith Media. Smith Media's ......]

These more serious media have basically the same style of reporting on this news.

It's all reported from the data and the impact on the industry, the impact on the American public.

It's very serious and serious, and it's more popular than current affairs news.

And headlines like the New York Post, the American Sun.

For these more entertaining media, the headlines and content of the reports are much more vigorous.

For example, the New York Post's report used a headline of "Mr. Smith and his oiler friends".

In the news content, the New York Post used their consistent rendering and exaggerated reporting language to report the news.

The bold reporters and editors of the New York Post also described George Soros, Michael Bloomberg, Richard Grasso, and many other oilmen who appeared next to Abel in a more subtle and dramatic way.

Because it's so subtle, many ordinary Americans can't understand it.

But Americans who understood it were shocked in their hearts by "New York

The Mail's audacity this time.

Then the next day, the reporters and editors who wrote and reviewed the New York Post story, a total of five people, all lost their jobs.

This is a follow-up to the news in other ways, so I won't mention it here.

Smith Media, owned by Abel Smith, is about to be listed on the New York Stock Exchange.

In a very short period of time, it spread throughout the United States.

Shortly after the "attack".

The name Abel Smith has once again become the main buzzword in many American media news reports.

Many superstars in the American entertainment industry, who belong to the media industry, have expressed their opinions on this matter.

After all, in addition to the stock market and stock investors, peers and practitioners are the most affected people in this matter.

Giants in the same industry, such as Lei Shidong and Murdoch, have received a large number of interview requests from non-affiliated media.

It's just that the tycoons ignored all these requests.

Most of these giants have said nothing about the news of Smith Media's upcoming IPO.

These people know that the listing of Abel's company at this time is a matter of public expectation.

Since the collapse of the NASDAQ, there has been 911.

Even though George started quantitative easing, the US stock market has been a bit sluggish.

If there was no Abel and Warren Buffett to bail out the market last year, even the stock market crash would have been formed. ….

At this particular time.

If there is a star company, it can boost the confidence of investors to a certain extent.

Who dares to come out at this time to mess around, let alone those horrible guys on Wall Street.

Even the white house will not agree.

Most people who play media have a smart nose and can smell this smell.

What's more, the media has always been the dominant position of the oilers.

The listing of Smith Media is good for many oilers, such as Bloomberg and others.

Oilman Capital Group is also happy to hear about this.

So even if there are many people who want to make trouble, their peers are not stupid, and no one stands up and says something bad.

In the entire industry, only the stars of the entertainment industry are left singing praises.

There is also the jubilation of the investment community.

A large number of stock commentators and experts are calling on everyone to hold on to the currency to be bought.

They said it was the richest man in the world, the first real listed company under his name.

They say that this is the only reason why Smith Media's stock price will not be low if it goes public.

They also said that if its share price was too low, it would be too damaging to Mr. Smith's reputation as an investment god.

They believe that if the stock price is low at that time, Smith Capital will definitely step in to support it.

There are so many positives.

This makes Smith Media, which has not officially announced the news of going public.

However, its market value in public opinion has far exceeded the more than $50 billion of News Corporation and the $60 billion of Disney Corporation in the same period......

In the midst of all the disturbances.

Abel continued the trajectory of his life without any interruption from the news and events.

February 27, 2002, Lower Manhattan, in front of the Smith Building.

In the middle of the convoy, Abel stepped off the Cadillac monster and stepped into the Smith Building.

"Good morning, Mr. Smith!"

"Good morning, Mr. Smith......

There were too many people greeting Abel along the way.

Like the rest of his subordinates.

In the Smith Building, everyone who greeted Abel had fanaticism and adoration in their eyes.

Abel smiled slightly, his face was calm, and he did not respond.

But this does not hinder the emotions of these people.

In their hearts, Yah

Bernard is the best interpreter of the American Dream since the beginning of the new century.

It is a beacon, a hope, a goal, and an idol for every American with dreams of wealth.

Because he relied on his own talents to achieve his wealth, he relied on the principal of $50 to achieve all this in the dream city of New York.

He doesn't rely on his father and family like other legends.

Even if you know the Smith family, it's not as unbearable as the media reports.

They also have to admit that Abel Smith is a legend in his own right.

I don't know when it started.

The name Abel Smith has been remembered and on the lips of every American who has a dream.

This situation has even spread to the whole world through the strong control and radiation of the United States over the world's media.

From the United States, to North America, and then to the world, the name Abel Smith and his "experience" have become the most popular content in the mouths of all kinds of chicken soup for the soul and inspirational marketing gurus. ….

There are countless people who use him to motivate themselves.

Wealth, it has such power.

Inside the Smith Building, the floor of Smith Media.

The elevator door for the chairman's exclusive use opens.

Abel stepped out of the elevator and two of Smith Media's dressed in pink. The front desk lady in the red OL suit, when they saw his appearance, they were stunned for a moment, and then immediately bowed slightly with a sweet smile.

"Good morning, boss."

Abel nodded slightly and walked in directly.

Along the way, every staff member looked at him with fervent reverence and awe, and said good morning.

Success and wealth can subconsciously increase people's confidence and calmness.

The invisible temperament of a successful person will slowly be added to itself. The so-called migration of qi and the cultivation of the body is nothing more than the accumulation of long-term success or high position, which affects and changes one's temperament.

To put it more bluntly, in fact, in the interaction between people, because success brings more confidence than others, the confidence is sufficient, the voice is naturally loud, and the influence is equally great.

To put it simply, because of the influence and change caused by their experience and the difference in power and wealth.

Although Abel who was just wealthy and free in the early 2000s, and Abel now, although they are similar in appearance.

But when they had the chance to stand together.

Normal people can see at a glance that Abel, the core of the consortium, is more eye-catching than Abel, who is free in wealth.

It is more able to make people surrender invisibly.

Just like today.

Invincible in the American media circle.

Within a year, Smith Media Group had expanded by 50% to the top of a group of media groups.

After Abel entered the chamber.

Everyone fell silent all of a sudden, stood up together with tacit understanding, and whispered to him in awe: "Mr. Chairman, good morning."

A new thought