Jamie Dimon gets a fucking RAISE

[MrMickeysMom]

JPMorgan Chase CEO Jamie Dimon is getting a 74 percent pay raise despite the bank paying out about $20 billion last year to settle several legal and regulatory issues, the company announced on Friday.
His total pay package for 2013, approved by the bank’s board of directors, is $20 million.


Read more: http://www.politico.com/story/2014/01/jamie-dimon-gets-a-big-raise-102570.html#ixzz2rMf050XY

On edit: This is what a tapeworm does when the banking industry never gets back to that regulation you thought it finally had after the great depression:

[VanillaRhapsody]

1. 20 million....geez...you could run a small country on that budget!

or buy a few politicians in a large one...

[NuclearDem]

2. I didn't realize they paid federal prisoners.

Oh wait, you mean he's still....

[lostincalifornia]

3. It is a such bullshit, and exemplifies the pigs of wall street. NO ONE IS WORTH 20 million

[MrMickeysMom]

5. As it has been said in the financial community … it's apparently worth it!

The problem raised by the Dimon case isn't managerial so much as regulatory. Dimon's continuing role is the harvest of a disciplinary system that punishes white-collar crime by exacting corporate fines, not personal responsibility.

So, apparently any chief executive with a moral compass would have stepped down, but not he…. He's responsibility for JPMorgan's record and our brave members of congress are owned parlor whores of this allegiance.

[Armstead]

4. No good deed goes unpunished....And apparently no shitty deeds go unrewarded for the 1 percenters