{"id":186424,"date":"2014-01-24T18:33:00","date_gmt":"2014-01-24T23:33:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2014\/01\/24\/not-enough-bullets-60\/"},"modified":"2014-01-24T18:33:00","modified_gmt":"2014-01-24T23:33:00","slug":"not-enough-bullets-60","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2014\/01\/24\/not-enough-bullets-60\/","title":{"rendered":"Not Enough Bullets\u2026\u2026\u2026"},"content":{"rendered":"<p>After JP Morgan had to pay billions of dollars in fines and restitution, the board of directors took decisive action, and <a href=\"http:\/\/www.theguardian.com\/business\/2014\/jan\/24\/jp-morgan-jamie-dimons-salary-billions-fines\">doubled JP Morgan CEO&#8217; Jamie Dimon&#8217;s salary<\/a>.<\/p>\n<p>I guess in finance, everyone gets a gold star, kind of like kindergarten, only with less accountability:<\/p>\n<blockquote><p><span style=\"color: blue;\">JP Morgan Chase has almost doubled chairman and CEO Jamie Dimon&#8217;s pay for 2013, rewarding the executive for settling probes against the bank.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">Dimon will receive total compensation of $20m in 2013, consisting of $18.5m in stock options and a base salary of $1.5m, the bank said in a statement Friday.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">That compares with total compensation of $11.5m a year earlier, down from $23m in each of the previous two years.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">The bank says it took several factors into account when deciding on Dimon&#8217;s pay, including the &#8220;sustained long-term performance&#8221; of the bank, gains in market share and customer satisfaction as well as his handling of the legal issues facing the lender.<\/span><\/p><\/blockquote>\n<p>Seriously, we need to start jailing these people post haste.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After JP Morgan had to pay billions of dollars in fines and restitution, the board of directors took decisive action, and doubled JP Morgan CEO&#8217; Jamie Dimon&#8217;s salary. I guess in finance, everyone gets a gold star, kind of like kindergarten, only with less accountability: JP Morgan Chase has almost doubled chairman and CEO Jamie &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,975,969,1004],"tags":[],"class_list":["post-186424","post","type-post","status-publish","format-standard","hentry","category-corruption","category-employment","category-evil","category-finance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/186424"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=186424"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/186424\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=186424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=186424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=186424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}