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+--- Thread: JPMorgan Got Fined, CEO Gets Raise (/thread-15757.html)
JPMorgan Got Fined, CEO Gets Raise - chairman - 01-25-2014
JPMorgan Got Fined, CEO Gets Raise
On Wall Street, you get paid no matter what. JPMorgan Chase CEO Jamie Dimon is getting a raise after his firm paid $20 billion in fines to the U.S. government last year. In 2013, the board cut Dimon's pay in half for the "London Whale" trading fiasco. A minority of directors wanted to keep Dimon's salary flat this year, pointing to the penalties. The decision wasn't easy: some directors reportedly left the conference room to pace the floor.