Some of America’s biggest corporations are (very publicly) raising the minimum wages of their employees. This is better than nothing, but not as good as, say, dangling a CEO by his ankles and shaking him until all of his billions fall out.
JPMorgan CEO Jamie Dimon, who was paid $20 million last year, acknowledged today that “income inequality has kind of gotten worse” in the past 20 years, but said that inequality is mitigated by the fact that “20 years ago... People didn’t have iPhones.”
JPMorgan Chase will reportedly pay at least $125 million to settle state and federal investigations into illegal debt collection methods. Compared to some of the other stuff they’ve done lately, that’s not bad! Give Jamie Dimon another raise. http://gawker.com/how-jpmorgan-r…
Jamie Dimon, who has overseen both a large increase in the stock price of JPMorgan Chase and the bank’s transition into a criminal enterprise, is now officially a billionaire. We wish him all of the future success that he deserves.
Jamie Dimon, the bulletproof head of JPMorgan Chase, has throat cancer. Though his prognosis is good, speculation about who will succeed him is already rampant. Allow us to offer some ideas for successors who are not "just another banker in a suit."
Here is a column in the New York Times opinion section, by David Brooks, explaining what President Obama should do with the rest of his term, rather than trying to pass any laws to promote his agenda. He should revitalize and modernize the "Whig tradition," which:
If you are a "normal" person with "common sense" values who doesn't always "get" the way that Wall Street works, here is a very simple lesson.
JPMorgan has agreed to pay a settlement of $2.6 billion for charges related to the bank's failure to stop Bernie Madoff's Ponzi scheme. In the past two years, the bank has paid close to $30 billion in legal settlements. That number is smaller than JPMorgan's profits, so Jamie Dimon will never get fired.
JPMorgan Chase, the massive and uncontrollable bank-monster which just paid a $13 billion fine and is run by a CEO who is doing a great job, now reportedly finds itself mired in yet another massive legal scandal. They're consistent, let's give them that.
Jamie Dimon is one of the most admired CEOs on Wall Street. Under his watch, JPMorgan Chase has been penalized for multiple legal violations, capped by the largest legal fines in banking history. Should Jamie Dimon be fired? Well, if not, his bank should be destroyed.
The Masters of the Universe can be identified by their socks. Their millions of dollars, their vast power over commerce, and their socks, which must protrude four inches below the cuff of their suit pants when seated. Any greater length of sock exposure would indicate that the wearer was sitting with his legs crossed.…
Recently, J.P Morgan CEO Jamie Dimon traveled to Washington DC to explain his company's massive losses to the Senate banking committee. Problem is a lot of those guys are getting campaign donations from J.P. Morgan. On tonight's Daily Show, Jon Stewart broke it all down.
Performing God's work is tough, and should be rewarded accordingly. So it's no surprise that investment banking executives are still bitching and moaning about a looming Federal Deposit Insurance Corp "clawback provision" that would give the government the right to take back up to two years of executives' pay if their…
Who's the last remaining initial member of President Obama's core economic team? The one people really don't like, Treasury Secretary Tim Geithner. But this job and his term as president of the New York Fed immediately proceeding it are exhausting him. It's backbreaking work, hoisting that money-launching cannon aimed…
JP Morgan chief and noted dick Jamie Dimon, speaking at the 2011 Celebration of Success in Denver, warned that it would be a "moral disaster" for the US to default on its debts. Considering the source, that's rich.
Some former clients have filed a class action lawsuit against JPMorgan saying their bests interests weren't taken into account as the financial world first started to collapse in 2007 and, shockingly, that the bank actually profited $1.9 billion from the demise of London-based investment vehicle Sigma while the…
JPMorgan Chase CEO Jamie Dimon, the princess of Wall Street, is venting again about the ignorant public and regulators whose "misconceptions" are blocking them from seeing the glory and perfection that comes with a fully unregulated financial services sector.
JP Morgan chief Jamie Dimon is at Davos with all the other rich people talking about money, and whining: "This constant refrain 'bankers, bankers, bankers' is just unproductive and unfair. People should just stop doing that." Bankers are your friends.
JPMorgan Chase CEO Jamie Dimon—who was once President Obama's favorite banker but is now a persona non grata at the White House—is selling his Chicago home. In it, we find oriental rugs, a mysterious portrait, and fake books.
