« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

JPMorgan Got Fined, CEO Gets Raise

By: clo in FFFT | Recommend this post (0)
Fri, 24 Jan 14 7:09 PM | 45 view(s)
Boardmark this board | Food For Further Thought
Msg. 60411 of 65535
Jump:
Jump to board:
Jump to msg. #

Can you hear me SCREAMING!!!!!!!!!!!

JPMorgan Got Fined, CEO Gets Raise

On Wall Street, you get paid no matter what.

JPMorgan Chase CEO Jamie Dimon is getting a raise after his firm paid $20 billion in fines to the U.S. government last year. 
In 2013, the board cut Dimon's pay in half for the “London Whale� trading fiasco. A minority of directors wanted to keep Dimon’s salary flat this year, pointing to the penalties. The decision wasn't easy: some directors reportedly left the conference room to pace the floor.

Read it at The New York Times




Avatar

DO SOMETHING!


- - - - -
View Replies (1) »



» You can also:
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next