Job-hopping Wall Streeters have never put a premium on loyalty. So Dick Grasso is a rarity--a man who has had exactly one employer, the New York Stock Exchange, in his entire 36-year career. The Big Board chairman gave a hint last week to what's been keeping him there. Mindful of the exchange's push for more openness among its members, Grasso disclosed that he earns a minimum $2.4 million annually. Very nice, that. But he also announced that he would cash out close to $140 million in deferred pay and retirement benefits this year.
Who says it doesn't pay to stay put?...
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