Thread: Economics JPMorgan to cut 8,000 jobs
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Old 02-28-2014, 08:35 AM   #13
KC native KC native is offline
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Quote:
Originally Posted by chiefzilla1501 View Post
The cuts may make sense.

What doesn't make sense is a guy who gets massive pay bonuses for navigating his way through a crisis he created.
Going to be a bit nitpicky here. JPM was one of the least culpable banks for the financial crisis (which is why they had the balance sheet to absorb Washington Mutual and others).

That being said, Dimon's pay package is atrocious especially considering the record amount of fines they've paid over the last 3-4 years.
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