I know this isn't a WF article, but.....Anyone shocked by this? (Insert sarcasm). All I can do is laugh at this point. Went past shocked and angry a while ago.
https://wallstreetonparade.com/2021/07/after-jpmorgan-chase-admits-to-its-4th-and-5th-felony-charge-its-board-gives-a-50-million-bonus-to-its-ceo-jamie-dimon/
This is the guy who told Elizabeth Warren that fines were just a cost of doing business.
I don’t know what people expect. Ethical business practices? Come on.
Remember in 2018 when Dimon was suggesting he’d run for President as a Dem?
Too big to fail. Too big for CEOs to go to jail. . Too big to be managed ethically and legally. Ain't life grand being too big?
Chainsaw doesn't have an original thought in that tiny brain of his. They are all coming from Jd.
Even sicker than Chases Board rewarded J.D. with $50? Million in stock options to retain him. Shows you up bad this industry needs reformed.
No big surprise to me, but then again, I worked there.
I always said they were dirtier than WF but better at not getting caught.