New York (Sept. 19, 2003) -- Although accounting oversight board chairman William McDonough says he’s not interested in the job, his name keeps surfacing as a possible replacement for ousted New York Stock Exchange Chairman Richard Grasso.
After weeks of public outrage over his exorbitant pay package, Grasso resigned Wednesday night during a conference call with NYSE members. But weeks before he tendered his resignation, pundits were already speculating about his successor. McDonough, a former chairman of the New York Federal Reserve, surfaced at the top of most lists.
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