After four of the six charges against former NYSE Chairman Dick Grasso were thrown-out by the New York Supreme Court, yesterday the remaining two were also dismissed by an appeals court.

As The Washington Post reports, "New York Attorney General Andrew M. Cuomo yesterday dropped his case challenging the nearly $190 million compensation package of former New York Stock Exchange chairman Dick Grasso, hours after a state appeals court dismissed the two remaining claims.

Cuomo's decision not to proceed marked the end of a high-profile attempt by state regulators to reel in big-ticket executive payouts. Grasso's compensation, which included an immediate lump-sum payment of $139.5 million in 2003 and an additional $48 million payable over four years was challenged by state prosecutors as excessive and in violation of state law."