Phil Angelides quotes:

It is fundamentally important that Grasso resign so that the New York Stock Exchange can restore its moral authority.

If someone robs a 7-11, they took $500 and they were able to settle the next day for $50 and no admission of wrongdoing, they'd knock over that 7-11 again.

It sounds to me like selling a car with faulty brakes, and then buying an insurance policy on those cars.