Was Mr Grasso right to go? Will his resignation change the US fat cat culture?
The following comments reflect the balance of views we have received: Quitting was probably the smartest move for Mr. Grasso. He showed his hand, and better to step down now, than be thrown down later. Joshua Splinter, Houston,TX USA Mr Grasso has an excellent track record, and I think we should afford to pay people who do their job Raj Verma, Allentown, Pennsylvania, US He should NOT have quit. He did not set his salary. The fat cat culture will not change until those responsible for approving salaries are confronted. Stratis, Spring Hill, FL, USA Mr Grasso did an admirable job, especially in those horrific days after September 11 but his salary (+ benefits) typify a society where ethics and social conscience are surpassed by greed and gluttony. Its almost shameful in a city where teachers and nurses are paid so poorly, where homeless lay hungry in the streets that one man, no matter how gifted or clever – attempt to account for such an amount. James Hampton, New York (originally Belf