Skip to comments.Report: JPMorgan set to give Dimon pay hike despite legal woes
Posted on 01/24/2014 9:06:03 AM PST by Olog-hai
JPMorgan Chase boss Jamie Dimon is set to get a raise, even though the bank was forced to pay billions in fines and settlements last year.
The New York Times reported that the board of JPMorgan Chase has approved the increase for 2013, although it did not give any details on the amount of the increase. [ ]
Dimon, CEO and chairman, had his 2012 pay slashed by about half to $11.5 million after JPMorgan suffered estimated trading loss of nearly $6 billion during the year attributed to a London trader known as the London Whale.
(Excerpt) Read more at money.cnn.com ...
(sigh)....talk about tone deaf.
The country is gonna vote Socialist in one rage-filled mindless temper tantrum.