Closing Bell for the NYSE?. Kim Clark.
by Clark, Kim; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 34Business. Publisher: U.S. News & World Report, 2003ISSN: 1522-3191;.Subject(s): Electronic trading of securities | Financial institutions -- Law and legislation | Grasso | NASDAQ | New York Stock Exchange | Scandals | StockbrokersDDC classification: 050 Summary: "The television and newspaper images of the paper-strewn floor of the New York Stock Exchange portray American capitalism at its best: raucous, high-tech, and hyperefficient....But in the past several weeks [Sept. 2003], the headlines over those pictures have told a tale of American business at its corrupt and perhaps obsolescent worst. Some NYSE traders are battling allegations that they improperly profited at the expense of investors. Electronic competitors of the exchange are setting the stage for a John Henry-like showdown. And a new NYSE reform committee plans to hold hearings this summer on complaints that its officials are too cozily interconnected to police their members." (U.S. NEWS & WORLD REPORT) This article details the recent scandals involving the NYSE that have caused big investors to demand change.| Item type | Current location | Call number | Status | Date due |
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| REF SIRS 2004 Business Article 31 Rethinking America's Safety Net. | REF SIRS 2004 Business Article 32 The Renminbi Zone. | REF SIRS 2004 Business Article 33 House of Cards. | REF SIRS 2004 Business Article 34 Closing Bell for the NYSE?. | REF SIRS 2004 Business Article 34 Glasnost Puts Grasso Under Burning-Hot Spotlight. | REF SIRS 2004 Business Article 34 Final Bell for Grasso Strikes a Nerve. | REF SIRS 2004 Business Article 35 As American As Apple Pie: Poverty and Welfare. |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: Closing Bell for the NYSE?, June 9, 2003; pp. 26-28.
"The television and newspaper images of the paper-strewn floor of the New York Stock Exchange portray American capitalism at its best: raucous, high-tech, and hyperefficient....But in the past several weeks [Sept. 2003], the headlines over those pictures have told a tale of American business at its corrupt and perhaps obsolescent worst. Some NYSE traders are battling allegations that they improperly profited at the expense of investors. Electronic competitors of the exchange are setting the stage for a John Henry-like showdown. And a new NYSE reform committee plans to hold hearings this summer on complaints that its officials are too cozily interconnected to police their members." (U.S. NEWS & WORLD REPORT) This article details the recent scandals involving the NYSE that have caused big investors to demand change.
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