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Grasso Vows to Keep $100 Million in Pay

Former New York Stock Exchange Chairman Richard Grasso says he'll fight an effort to make him return much of his controversial $188 million pay package. New York Attorney General Eliot Spitzer filed suit Monday against Grasso, a board member and the exchange, demanding that Grasso return about $100 million of the $140 million he's received to date. NPR's Jim Zarroli reports.

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Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.