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By forcing automation on the exchange, despite opposition from powerful floor traders, Mr. Phelan helped to assure the Big Board's continued existence.
His decision underscores the extent to which the unresolved matter of Richard A. Grasso's controversial pay package continues to tie Mr. Reed to the exchange, despite his intent to move on.
His decision underscores the extent to which the unresolved matter of the controversial pay package of Richard A. Grasso, the former chairman, continues to tie Mr. Reed to the exchange, despite his oft-stated preference for moving on.
In the three years since Cameron's speech, as his star has risen so has that of Policy Exchange (despite the embarrassment of Newsnight's exposé of its questionable research into radical Islam, and the recent report suggesting northern cities were doomed).
So far, the signs are not all that encouraging.Nor, despite changing patterns of share ownership, has there been much progress in building a pan-European stock exchange, despite the fact that issuers and investors alike heartily want one.
Operating from this narrow view, Liam also approached the discussion with a binary framing that leaves both parties with very little room to maneuver: "Jeremy must learn to delegate or we'll lose Frank and Joan and meanwhile, he'll burn himself out". Last but not least, Liam's framing remained frozen throughout the exchange despite clear signals that Jeremy was not buying the feedback.
Similar(42)
Over the years, Indian and Pakistani authors have taken part in numerous cultural exchanges despite hostilities between the two nations.
Pinned deep by the weight of Wawrinka's shots all night, he struggled to consistently dictate the pattern of the exchanges, despite the excellence of his defensive game.
More than eight million Americans tried to log on to federal or state exchanges, despite concerted efforts by conservatives to dissuade them.
There is also a risk that poor people will end up with fewer benefits and higher cost-sharing on the exchanges despite regulations that should prohibit that.
But the Congressional Budget Office has said that the Obamacare exchanges, despite well-documented issues, is not imploding and is expected to remain stable for the foreseeable future.
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Justyna Jupowicz-Kozak
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