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Re: JPMorgan Got Fined, CEO Gets Raise 

By: oldCADuser in FFFT | Recommend this post (2)
Sat, 25 Jan 14 9:52 PM | 35 view(s)
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Msg. 60445 of 65535
(This msg. is a reply to 60411 by clo)

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http://www.huffingtonpost.com/rj-eskow/crime-doesnt-pay-jpmorgan_b_4661576.html




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The above is a reply to the following message:
JPMorgan Got Fined, CEO Gets Raise
By: clo
in FFFT
Fri, 24 Jan 14 7:09 PM
Msg. 60411 of 65535

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


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