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still_one

(92,224 posts)
Wed Jun 3, 2015, 10:42 AM Jun 2015

Jamie Diamond made over 1 billion dollars in compensation last year as reported by Bloomberg

No one is worth one billion dollars, and I was dismayed that one of Bloomberg's hosts, Stephanie Rue, was so quick to defend Dimon's compensation, marginalizing that only the "extreme left and right had problems with it". She also mentioned Elizabeth Warren and Ron Paul in that context.

Ms Rue has always been quick to interject her personal pro banking bias into interviews and news stories which I personally find troublesome with many in the so-called forth estate who do this

I did see her interview Elizabeth Warren some time back, and Warren destroyed everyone of her arguments. I wish all Democrats were as articulate as Elizabeth Warren

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libdem4life

(13,877 posts)
2. I wish our Attorney General was as forceful as she was for international soccer. She really outdid
Wed Jun 3, 2015, 11:04 AM
Jun 2015

herself, to lots of pats on the back against those FIFA outlaws.

We, OTOH, have ruined much of the globe's economy, including our own...yet we still get to print Dollars...with our worthless debt financial "brilliance" instruments...Dimon is the worst of the bunch. He is Seth Blatter geometrically expanded in guilt.

 

truebrit71

(20,805 posts)
4. "No one is worth one billion dollars" - especially this rat-fuck sonofabitch...
Wed Jun 3, 2015, 11:19 AM
Jun 2015

Fuck Jamie Dimon.


Twice.

Nye Bevan

(25,406 posts)
6. No, he didn't.
Wed Jun 3, 2015, 11:28 AM
Jun 2015

The story says that his net worth has grown to $1 billion, but he didn't earn it all last year.

still_one

(92,224 posts)
8. Then I misheard, however, there is something very wrong where a person's net worth is over one
Wed Jun 3, 2015, 01:59 PM
Jun 2015

billion dollars.

Yes, I know there are quite a few individuals in that category, but it is still an obscene amount, which only highlights how income inequality is getting worse

 

geek tragedy

(68,868 posts)
7. that's his net worth, not pay package.
Wed Jun 3, 2015, 11:29 AM
Jun 2015

ironically, the story goes on to say how the real money is in private eq/hedge funds, not being a bank CEO.

still_one

(92,224 posts)
9. I was listening on Bloomberg, and obviously misheard it. Still it is an obscene amount for net
Wed Jun 3, 2015, 02:00 PM
Jun 2015

worth, and Dimon isn't the only one I realize

daredtowork

(3,732 posts)
11. Is that from Bush's "critical pay" program?
Wed Jun 3, 2015, 02:37 PM
Jun 2015

Someone needs to make an infographic comparing "critical pay" recipients to what people on welfare get.

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