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This article reports that former New York Stock Exchange Chairman Dick Grasso was ordered to return much of his retirement package. Judge Charles E. Ramos decreed that Ramos should pay compensation for supplementary retirement benefits he received when he left the NYSE in 2003. The case against Grasso was brought by New York Attorney General Elliot Spitzer. The judge ruled that Grasso had a duty to fully disclose his compensation to the Board of Directors.

The article reports that the New York Stock Exchange (NYSE) has questioned the basis of the board of tool manufacturer Black & Decker Corp. in determining the independence of outside director M. Anthony Burns who owns a real estate development with company chief executive Nolan D. Archibald.

The article features Federal Reserve governor Kevin Warsh who is cited as the most likely incoming president of the Federal Reserve Bank of New York. Warsh will take over the position from Timothy Geithner. According to the article, the presidency of the New York Fed is a critical position since the New York Fed is the window to Wall Street.

The article discusses the effect of local government changes in New York on investors. Despite the resignation of Eliot Spitzer as governor of the said state, it is said that the changes he has made to New York continue to affect the way investors and companies buy stocks, mutual funds, and insurance. According to John C. Bogle of the Vanguard Group, Spitzer's efforts have positively affected the securities industry. According to the article, his supporters believe that the industries he has worked on have improved.

Deals with the resignation of Martha Stewart from the board of the New York Stock Exchange resulting from charges on her participation in stock trades with ImClone Systems Inc.

Reports on the decision of the New York Stock Exchange to consider tough governance rules for its listed companies, as of June 2002.

Reports that Frank Savage, a New York money manager, holds seats on the board of both Enron Corporation and Lockheed Martin. Information about his Africa Millennium Fund; Efforts of pension funds who experienced major investment losses from Enron's collapse to oust Savage from the Lockheed Martin board; Actions of Savage as a member of the Enron board's finance committee, including a vote to suspend the ethics code.

Reports on the effect of terrorist attacks against the United States on employees. How employees from OppenheimerFunds, encouraged by a crisis encounter, gathered to recount their stories of escaping from the World Trade Center; Efforts to prevent post traumatic stress disorder (PTSD); Debriefing sessions for survivors.

The article focuses on the nominees to the board of Citigroup Inc. as part of the overhaul of the New York-based financial services company. Among the nominees are former U.S. Bancorp chief executive officer (CEO) Jerry Grundhofer, former Bank of Hawaii Corp. CEO Michael O'Neill, and William S. Thompson, formerly of Pacific Investment Management Co. (Pimco). Shareholders are expected to vote on the nominations at the annual meeting on April 21, 2009.

Focuses on the difficulty of returning to work near the World Trade Center in New York City after the September 2001 terrorist attacks on the United States. Efforts to locate employees and determine the safety of offices; Consulting crisis management specialists and mention a critical incident stress debriefing program; How some companies are dealing with the disruption.