At Netflix, understanding now what business will look like in the future, Reed and the board realized that it was time to carefully exit the DVD business.
According to a report in the Wall Street Journal, Mr Reed is scrapping a special board committee's report on what lessons the Grasso scandal holds for how the exchange is run.
Rubin, who has always insisted he didn't want the top job at the bank, settled back into his role as director and head of the board's executive committee after Reed left the company in 2000.