Thread: Economics JPMorgan to cut 8,000 jobs
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Old 02-27-2014, 04:32 PM   #5
BIG_DADDY BIG_DADDY is offline
THE RED MENACE
 

Join Date: Aug 2000
Location: San Mateo, CA 94401
Casino cash: $8510
A great friend of mine is a President at JPM. He makes 350k a year before bonuses. If you are anybody there you are already the 1%. What you don't realize is there is a mass migration of intelligent large private money moving out of the brokerage space. Running a clean ship moving forward is what stock holders want and it is rewarded. I am not sure what the issue is here.
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