« AP: Romney forget to mention this: Debt increased 50 percent under Obama - but tripled under Reagan | Main | Did Wikileaks document lead to the hanging of Iranian 'Mossad Agent'? »

Wednesday, May 16, 2012

Lose $2 billion, earn $23 million, ah, the joys of being a Wall Street executive

JPMorgan head didn't practice what he preached at Harvard - and fooled himself in the process

Also, the shareholders found out shortly before their meeting that Dimon oversaw a massive loss that is probably more than $2 billion over risky practices. How did they reward him? With a $23 million compensation package. Yeah, that'll show him to never allow his company to make that type of mistake again. And yeah, we have no reason to worry that bankers are getting the message.


About The Sun News and Myrtlebeachonline.com | Terms of Use & Privacy Statement | About The McClatchy Co. | Copyright