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  Topic: JPMorgan CEO
Jamie Dimon may get
30% pay cut
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JPMorgan CEO
Jamie Dimon may get
30% pay cut

New York Post, by Mark DeCambre

Original Article

Posted By:tisHimself, 1/15/2013 5:25:50 AM

The buck definitely stops with Jamie Dimon. JPMorgan’s chief could see his pay slashed between 25 and 30 percent in the wake of the bungled “London Whale” trade, insiders told The Post. Based on the $23.1 million he took home last year, his paycheck could shrink to $16 million this year. It’s a lot better than bupkis, but it means Dimon will lose bragging rights as Wall Street’s top-paid chief.

      


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Reply 1 - Posted by: GOP_U_BET, 1/15/2013 5:35:43 AM     (No. 9117063)

He deserves a much stiffer pay cut. He should agree to work for $1 for a year.

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Reply 2 - Posted by: Spidey, 1/15/2013 5:48:24 AM     (No. 9117067)

People like Dimon are dye in the wool crooks and it´s a big reason people are losing faith in the credibility of Wall St. big companies. This crowd of people feel entitled to be pay and bonuses,not matter how lousy their companies perform. It doesn´t hurt to be an Obama crony to keep the AG off your butt as we saw with Corzine.

The mainstream left wants people to believe that wall St. fat cats are greedy republicans,even though they donate vigorously to the dems in yet another of their protection racket schemes.

Cap and trade was designed to make these corporate crooks even richer. Medical billing is also a very lucrative industry when the government healthcare system blindly pays bills no matter how outrageous the claims.$100 back braces being billed for $900 to medicare.

So the more the government gets involved in healthcare,it also sets up golden opportunities for liberal medical billers and providers to gouge the taxpayers.They don´t like private insurers paying market rate and making a profit.

Premiums are going up to to finance more avenues of liberal thiefdom.

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Reply 3 - Posted by: kanphil, 1/15/2013 9:03:25 AM     (No. 9117333)

He ought to get the boot, IMHO.

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