NYT - Big Board Report Says Ex-Chief Was Overpaid by $144 Million

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The document, known widely as the Webb report, paints a vivid picture of a stock exchange board packed with Wall Street chief executives and close associates of Mr. Grasso that was in many ways asleep at the switch, standing by as Mr. Grasso, who worked his entire career at the exchange, came to be paid at levels that equaled and in some cases exceeded his peers at large financial companies. It documents a culture of excessive pay at the exchange, whereby Mr. Grasso's executive assistant was paid $240,000 a year and his two drivers $130,000.