Oh The Irony: Dimon to limit banker pay for losses! [NotSoBreaking] - MarketTicker Forums


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User Info	Oh The Irony: Dimon to limit banker pay for losses! in forum [NotSoBreaking]
Passivesf Posts: 5495 Incept: 2008-02-01 Online	WASHINGTON (AP) -- JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company. "It's likely that there will be clawbacks," Dimon told the Senate Banking Committee. http://finance.yahoo.com/news/jpmorgan-c.... ---------- "Banking institutions are more dangerous to our liberties than standing armies. The issuing power of currency should be taken from central banks and restored to the people, to whom it properly belongs" 2012-06-13 11:48:05 Permalink
Passivesf Posts: 5495 Incept: 2008-02-01 Online	http://dealbook.nytimes.com/2008/03/18/j.... http://www.seiu.org/a/profilechase.php Federal taxpayer bailout received: $94.7 billion 2008 CEO Jamie Dimon pay: $19.7 million (893 times median teller wage ---------- "Banking institutions are more dangerous to our liberties than standing armies. The issuing power of currency should be taken from central banks and restored to the people, to whom it properly belongs" 2012-06-13 11:51:36 Permalink
Bigbluffer Posts: 1330 Incept: 2010-11-01 NC	Would those clawbacks from executives who were responsible include from Dimon? 2012-06-14 05:37:10 Permalink