JP Morgan CEO Gets 35% Pay Raise

[Initech]

Even as Wall Street braces for more cuts to jobs and bonuses, JPMorgan Chase CEO Jamie Dimon was paid $27 million in 2015, up from $20 million the year before, the company said Thursday.

The pay raise comes after JPMorgan announced record annual profits last week, thanks to cost-cutting that helped to offset stagnating revenue growth.

JPMorgan's board paid Dimon a $1.5 million salary, a $5 million cash bonus and $20.5 million in performance-based stock grants, the company said in a regulatory filing.

Last year, Dimon was paid a $7.4 million cash bonus and $11.1 million in stock awards. His $1.5 million salary has remained unchanged.

This year's stock grants are tied to new, three-year performance metrics. This could could help alleviate criticisms, which bubbled up last year, that Dimon's pay is not properly tied to performance.

http://www.msn.com/en-us/money/companies/jpmorgan-ceo-gets-a-35-percent-pay-raise-amid-cutbacks/ar-BBoxMnv?ocid=spartandhp

This is why these assholes need the shit taxed out of them. We suffer, they profit.

[StandingInLeftField]

1. F*ck the f*ck outta' those f*ckers!

And I mean that in the worst way possible....

[SamKnause]

2. One of president Obama's BFF.

One of the Best and the Brightest.

The president got him to man the phones to push through

the Omnibus Bill.

Establishment continues to rear its ugly head.