Absolutely amazing! Just like maintaining the salaries for attorney general’s or their assistant attorneys when they file false claims! It is ludicrous.
Elizabeth Warren slams JPMorgan Chase for giving a raise to CEO Jamie Dimon
Speaking during a Senate Banking Committee hearing, Massachusetts Sen. Elizabeth Warren noted how government regulators have much work to do when it comes to changing the culture of Wall Street, pointing specifically to the example of JPMorgan Chase CEO Jamie Dimon.
The JPMorgan Chase example is simple and instructive: Despite the fact that the megabank spent much of 2013 negotiating with federal regulators, and ultimately was fined billions of dollars, the board decided to increase CEO Jamie Dimon’s compensation to $20 million.
The raise is very real, but it should be kept in mind that Dimon’s annual compensation had beenpreviously slashed in half, to $11.5 million, as punishment for 2012′s so-called London Whale fiasco, which cost the bank billions.
After a reportedly heated debate — in which some members argued Dimon’s compensation should remain at…
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Deadly Clear 