Ken Langone

He ain't coming back for more.

I got his ass whipped.

And it was a fight that I loved every single second of it.

But there, people were saying to me that I showed my loyalty to Dick Grasso.

I said, no, in that case, by the way, it wasn't just loyalty.

It was the facts.

The facts were that the whole committee, all nine of us, always voted unanimously to give them these pay packages, which, by the way, were magnified because every previous chairman of the stock exchange never had a 10-year chart of longer than 10 years.

So I know when you got these deals ready here, five years, six years, seven years, Dick Grasso started at the exchange as an $82.50 a week union card.

Went from that all the way to how, I guess what, he had 37 years of service.

When you put the yardstick to that, whoo, help.

That's what you wanted.

He created it that way to get people to stay.

And look what he did.

When he took over, they had 1,200 listings.

When he got the bulletin, it said he had 2,800 listings.

He made all of this.

I bought seats for $72,000 apiece.

I got $8 million for each one of them.

I mean, how bad a deal is that?

We had guys on the floor of the exchange going around with it.