Posted on 09/28/2014 1:09:28 PM PDT by Nachum
Just after announcing his resignation as U.S. attorney general, Eric Holder has accepted a top job with Wall Street finance giant JPMorgan Chase.
Starting in early November, Holder will serve as JPMorgan Chase’s chief compliance officer, where his responsibilities will include lobbying Congress on the company’s behalf and ensuring it “gets the best deal possible” from any new proposed financial regulations. Holder will also fetch morning coffee and breakfast orders for CEO Jamie Dimon and board members.
For his efforts, Holder will earn an annual salary of $77 million plus bonuses for a job well done.
In a statement, Holder said taking a job at JPMorgan Chase was the logical next step in his career, given the revolving door between financial companies and the government officials who are supposed to regulate these companies.
“By joining JPMorgan Chase, I’m simply cutting out the middleman -- the U.S. Justice Department -- and going to work directly for the great Jamie Dimon,” he said. “Plus, when Jamie Dimon calls you, or one of his many secretaries calls you, you pick up the phone immediately. Seriously, that’s what we do here in Washington.”
(Excerpt) Read more at dailycurrant.com ...
what an absolute waste of $77 million. why not just crap on the money and set it on fire.
http://www.reuters.com/article/2013/09/26/us-jpmorgan-probes-holder-idUSBRE98P0NW20130926
While Dimon did meet with holder earlier last week my guess is this story is all fantasy.
“I don’t like your tone.”
I apologize for that, but while reading the piece, it was apparent that it was satire.
However, I do understand that satire by definition is reflective of actual events and some may not of that the following quote was fabricated.
“We are extremely pleased to have Eric Holder, a dear friend and and tireless advocate for the interests of Wall Street, join our prestigious financial services firm where he belongs,” Dimon said in a press release. “Considering the awful s**t we did — and boy did we do a lot of sleazy, ugly, ethically insidious s**t — Mr. Holder always stood in our corner and defended us no matter what. Hell, I even got a 74 percent raise out of it!”
How I wish it were true.
Some of the other folks had said essentially the same thing. I agree that this must be bogus.
I doubt many savvy businesses out there would want this guy.
His history probably wouldn’t support him in a top level job search.
The guy is damaged goods at the end of the day.
Has to be satire.
First word in Keywords: allsatire...
I did a quick search this story basically has one source,never a good sign.
This isn’t appearing anywhere else.
My guess is that holder will get big bucks when he’s gone,or already has we just won’t hear about it
Good point...
Hey may. I’d sure love to see some of his treachery come back to bite him on the posterior.
If you click through, the last paragraph is pretty blatant:
“We are extremely pleased to have Eric Holder, a dear friend and and tireless advocate for the interests of Wall Street, join our prestigious financial services firm where he belongs,” Dimon said in a press release. “Considering the awful s**t we did -- and boy did we do a lot of sleazy, ugly, ethically insidious s**t -- Mr. Holder always stood in our corner and defended us no matter what. Hell, I even got a 74 percent raise out of it!
Pretty sure it is satire :(
Remember that 1994 Microsoft acquisition story?
Sarah Palin: ‘Don’t Forget Your Umbrella’ During Solar Storm.
I doubt seriously anyone would pay a person 77 mil.
I doubt it he’s too well connected and knows where all the bones are bur6ied. Both in the hillary and ozero dogpatch.He’d get Breitbarted before doing any jail time.
That sounds like 1%er salary.
That or a kickback.
Isn’t there some sort of quarantine that they go into before taking lucrative private sector money?
Selling out to Whitey!
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