In an April 28 letter to members, NYSE chief John Thain and Chairman Marshall Carter addressed these concerns.

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The NYSE sent out the text of a memo from Chairman Marshall Carter admonishing a seat holder who has been a vocal critic of the Exchange for his attempts to block a vote to approve the Archipelago merger.

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The NYSE's chairman, Marshall Carter , and its chief executive, John Thain , told members that the arrangement with Goldman (where Thain used to work, incidentally) was carefully vetted by former Chairman John Reed , who signed the engagement letter with the investment bank.

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