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Grasso on Possible Mayoral Run, Romney in 2012

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    Former NYSE Head Dick Grasso discusses whether he will run for mayor New York City and why he is supporting Mitt Romney in 2012.

  • Duration 7:29
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And all friends across sort of -- mr.

Grasso good morning got -- great to be repaired I'm sorry that you.

Are on a minute mr.

of this -- announcement.

Of my grandmother today now -- And now I think -- and it's doing a great job holding his own against you you know against -- they say.

The forces of evil.

Ha had -- just don't understand and that's throughout the world as they couldn't tell -- from mr.

-- -- now you know time we go back a long long way as we -- things there are duration.

-- -- -- -- -- -- -- that is a definite maybe.

We have seen no I haven't time I'm eagerly awaiting -- see what happens on the democratic side.

And if what I think is going to happen happens namely that.

Christine becomes the nominee and either Billy Thompson.

War or John.

Who remain third party line and I think will pick a -- that.

-- -- false talk about some stuff going on in Washington.

Karen Karen your vote -- Washington.

Front encore throughout -- I'd vote for nearly -- -- -- sold my wife hello one.

-- quarter also we have two votes from the upper -- -- Now bear.

Month problem in Baltimore Sun about new house or correct correct so don't day ladies out as a White House chief of staff Juan Williams.

The beyond next Narnia and he's in thinks he was forced out to.

Do nothing about it there are many high.

I would I would tend to agree with what one has speculating because bill -- while he comes from a long line Hampshire College in Chicago politician.

Bill -- is also a very well branded business -- And I think -- sense is that the systematic.

Of the president's reelection campaign is going to be separation rather than uniting the country it's -- we vs today.

And bill Daley is just not the kind of a guy who's gonna play in that arena.

But -- just replaced was Jacob lose.

Has fun guy about a cent a group of -- From enter our ports and -- -- and Morgan.

For about three nano second she -- I would more label -- -- career politician having.

Having been an OM BN and other government jobs over the last point five years.

-- -- -- -- -- -- -- Characterize a dozen hedge fund guys just not point out the facts and the -- Once again another one of -- -- on the worded attacks on time someone -- not uncommon but.

It's to be expected to talking -- -- Washington the former governor -- such as -- all from Dick Grasso so do endorsed anybody in this Republican.

I may -- -- Mitt Mitt Romney supporter and I believe he's got the best.

Chance of changing the occupancy of the White House.

-- there's accusations and charges that the varying levels of two.

That Iran had partnered Gingrich and others regarding bank capital and substance and I -- Well I you know done there are two sides to capitalism one is -- this so called.

Creating and building side in the other is the creative destruction side.

I think that you know if you look at that business Spain some of the other.

Private equity firms.

They go into distressed situations they going to company's.

Are troubled they inject talent.

They inject capital and -- it doesn't work you have no choice you have to shut those things down and their their preferences not to do that his preference.

Is to turn around build and he in essence to re enter the public market place.

That would have been I think a far greater return to his investors than simply the liquidation -- That that.

The Gingrich super -- is targeting.

And by the way you know it is an interesting anomaly here.

You hear Gingrich talk about his.

And ultimately supporting Mitt if he's the nominee has it has packed.

This super -- continues.

These these vicious attack ads this having nothing to support I think what -- -- Republicans will do is snatch defeat from the jaws of victory.

Because what they're doing is setting up.

Obama's campaign against them.

I thought -- And I don't like him either but I thought he had a good point though.

That the mascot of indicated it withstand this onslaught of attacks.

From Republicans -- is gonna -- same thing as you just pointed out.

But Obama I don't think Obama needs in an orderly Obama machine.

-- -- necessarily instruction from.

From -- or anyone else in a Republican Party wants to attract -- about -- Life I let me first say I know the former speaker.

I met and then my -- in my days at the stock exchange.

Incredibly bright man and I think he's Smart enough to realize that there is no.

Greater assault.

On the candidacy.

Of Mitt -- assault coming from the Republican side.

Who you're right I mean this president is going to have a billion dollars and a lot of -- In his campaign to.

Win reelection.

He doesn't need Newt's help but Newt's help I think will create a whole lot of division within the traditional Republican base.

And I think it's counterproductive I think it's a terrible thing because you know we have a real opportunity to change.

The direction of this country -- going in the wrong direction.

That debt and deficit problem is putting our grandkids grandkids are at risk.

And what we're gonna do I think is create such.

I hair pull in the Republican primaries.

That this president can simply replay there -- ads and win reelection.

What do you do now amended up on a morning like a massive.

Talk to to master wants all it really a pretty muscles and joining event does image -- -- some good morning and durables or mail on -- I can I I talked to David at least once a week I was on the phone -- yesterday you know he has.

A great restaurant up in Westport -- this is there in the morning doing that tomato sauce -- -- -- do -- -- I have I have an -- A couple of businesses that I'm involved in one that is today he had an investment firm that does basically.

Creations.

The founder of one of the founders.

Of The Home Depot owns the firm I watch I sit and watch you know what he's doing and I parallel -- -- I'm also in the trading business.

Very very talented former chairman of the New York Mercantile Exchange.

Has a eight trading business and I'm involved with those -- as a director.

And can I do a lot of private investments on my own -- so you know just sum -- up I'm basically doing nothing but dribbling opening on myself.

And -- and around the house so annoying mrs.

Claus.

Certain operations -- way -- -- have a -- like me -- around the hassle Islamist real important person.

-- -- we get that photo.

And Richard you're shorting right now return true little -- -- who.

And Dick Grasso -- average vibrant -- -- -- --