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Old 05-15-2012, 05:34 PM
 
Location: Long Island
36,229 posts, read 15,067,060 times
Reputation: 7891

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Quote:
Originally Posted by Mathguy View Post
1. His EMPLOYERS decided not to fire him.
2. Sometimes crap happens at companies that are not the CEO's fault.
3. The guys decisions impact millions of people and he makes less money than most of the people on this list as well as most top pro-athletes....
The Celebrity 100 - Forbes.com

Funny to watch you guys try to butt into a private companies business decisions.

....and compare it to taxpayers comments about public institutions.
The proxy vote went out April 4, if they knew what the future held I assume many would have changed their vote. Compensation committtees and directors are part of a rigged game, all insiders and no one wants to jeopardize their $250K salary.

Germany and other countries in europe have addressed executive compensation limits, comparing his salary to other CEO's is meaningless, they are mostly overcompensated.

Sorry but when stuff happens is not a good answer for someone manking $23M, he should have been aware of the risk involved in credit default swap bets.
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Old 05-15-2012, 05:46 PM
 
8,481 posts, read 6,036,670 times
Reputation: 1114
Quote:
Originally Posted by Mathguy View Post
1. His EMPLOYERS decided not to fire him.
2. Sometimes crap happens at companies that are not the CEO's fault.
3. The guys decisions impact millions of people and he makes less money than most of the people on this list as well as most top pro-athletes....
The Celebrity 100 - Forbes.com

Funny to watch you guys try to butt into a private companies business decisions.

....and compare it to taxpayers comments about public institutions.
JPM is a publicly traded company with controlling shares owned by composite govt. You can track probably every publicly traded company this way. Just have to take the time to go dig up some CAFRs.

JPM is the king of derivatives and makes the govt tons of money. That 391bil they received along with smaller amts you can bet was leveraged for all it was worth.
What is JP Morgan Chase?
quote: (*older info)
*Note: Total of outstanding shares of JP Morgan Chase: 3,950,000,000
*Note: Total of shares needed to have controlling interest (50.01%): 1,975,000,001
*Note: Total of outstanding shares owned by all government funds: ?,???,???,???
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Old 05-15-2012, 06:08 PM
 
6,910 posts, read 2,882,840 times
Reputation: 2559
There are a few Filthy Fascists in this thread that support the existence of JP Morgan. In a Free and Fair Market, where capitalism and not fascism rules, they would be extinct.

But thanks to the fascist supporting presidents we have had in the past, and in the present, they continue to support them and the filthy low life criminals on Wall Street at the expense of the rest of the nation.

How many Banksters from JP Morgan are embedded in our government?
How much money do these scum throw at their Corporate and Financial CEO Buddies in the government that sit on each others boards?

Obama Has Over $500,000 in JPMorgan Chase Account
Obama Has Over $500,000 in JPMorgan Chase Account - ABC News

Quote:
President Obama has assets valued between $500,000 and $1 million in a JP Morgan Chase checking account, according to financial disclosure forms released by the White House today.
Obama, who also has between $1,000 and $15,000 in a separate JPMorgan Chase account, recently called JPMorgan “one of the best managed banks there is,” despite its recent controversial $2 billion trading loss.


Why JPMorgan gets away with bad bets - CNN.com

Quote:
Banks are more efficient when shrunk to the point that they can no longer endanger the world economy. But because JPMorgan and similar banks are the leading contributors to Democrats and Republicans, neither political party has the courage to order them to reform.

I would amend the statement above, made by CNN, with the words "House Republicans and Democrats" because all the criminals in the US Government agree with Fascism when their on the receiving end.
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Old 05-15-2012, 06:11 PM
 
6,910 posts, read 2,882,840 times
Reputation: 2559
Food Stamps: JPMorgan & Banking Industry Profit From Misery | Roosevelt Institute

This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010.

Private Company my arse. They are fascists living off my tax paying dime.
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Old 05-15-2012, 06:25 PM
 
6,910 posts, read 2,882,840 times
Reputation: 2559
Brooksley Born tried regulating derivatives in 1994, well before the Great Depression we find ourselves in hit.

Watch The Full Program Online | The Warning | FRONTLINE | PBS

13 Bankers told her and Summers who is Boss, and told her to STOP what she was doing, because these Fascists Cockroaches already knew it was a Ponzi scheme and would blow up too early if her regulations passed.


Quote:
"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"
These people may be "successful" money wise, but as human beings, they are utterly worthless pieces of trash.

Brooksley Born On JPMorgan Chase Loss: Nothing's Changed Since LTCM


It's "happening all over again," Born told The Huffington Post on Monday. "We have to learn from these experiences, and we don't seem to be doing it yet."

Why should the banks and investment companies have to learn if they are constantly rewarded for bad behavior ?
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Old 05-15-2012, 06:27 PM
 
Location: Midwest
33,346 posts, read 20,519,357 times
Reputation: 8565
Quote:
Originally Posted by Eleanora1 View Post
He's presided over a company with billion dollar loses. He should be fired in disgrace for his screw ups. But I suppose that's how it works to the Reps. If he were a 60k a year reading teacher you would no doubt be foaming at the mouth over his overcompensation.
Isn't that the truth!
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Old 05-15-2012, 06:34 PM
 
Location: Midwest
33,346 posts, read 20,519,357 times
Reputation: 8565

$2 Billion Dollar 'Mistake' By JP Morgan CEO Jamie Dimon - YouTube
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Old 05-15-2012, 06:57 PM
 
8,481 posts, read 6,036,670 times
Reputation: 1114
Quote:
Originally Posted by J746NEW View Post
Food Stamps: JPMorgan & Banking Industry Profit From Misery | Roosevelt Institute

This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010.

Private Company my arse. They are fascists living off my tax paying dime.
Yeah love the outsourcing. Think we can outsource our politicians?
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Old 05-15-2012, 07:07 PM
 
27,890 posts, read 35,040,235 times
Reputation: 4035
Quote:
Originally Posted by tluv00 View Post
JPMorgan's Dimon gets his $23 million pay package - May. 15, 2012

Gotta hand it to the guy. $2 billion dollar derivatives loss and most like more to come, 14% decrease in share value and an ousted CIO but the Shareholders voted and the man gets his $23 million.
And the $3,561,643,835.62 being lost every single day by the federal government?
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Old 05-15-2012, 07:11 PM
 
6,910 posts, read 2,882,840 times
Reputation: 2559
Quote:
Originally Posted by CDusr View Post
Yeah love the outsourcing. Think we can outsource our politicians?
I would love to outsource the whole freaking lot including the Multi-national Corporations and Financial Institutions embedded in our government.

Then perhaps the medium and small sized business's in this country would have a chance. Getting rid of them would create a void for the medium and small sized business's to fill the gap.


Good luck with criminals like JP Morgan and Goldman Sachs CEO's going to China, where they pull the same stuff, they would get a bullet in their brains.
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