Blog Flux Directory Subscribe in NewsGator Online Subscribe with Bloglines http://www.wikio.com Blog directory
And, yes, I DO take it personally: Speaking of the greed of the 1%, let's hear it for Jamie Dimon and his fellow bailed out banksters
Mandy: Great blog!
Mark: Thanks to all the contributors on this blog. When I want to get information on the events that really matter, I come here.
Penny: I'm glad I found your blog (from a comment on Think Progress), it's comprehensive and very insightful.
Eric: Nice site....I enjoyed it and will be back.
nora kelly: I enjoy your site. Keep it up! I particularly like your insights on Latin America.
Alison: Loquacious as ever with a touch of elegance -- & right on target as usual!
"Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it."
- Noam Chomsky
Send tips and other comments to: profmarcus2010@yahoo.com /* ---- overrides for post page ---- */ .post { padding: 0; border: none; }

Thursday, April 05, 2012

Speaking of the greed of the 1%, let's hear it for Jamie Dimon and his fellow bailed out banksters

hard on the heels of the story about bank of america ceo brian moynihan's $8.1M pay...
Dimon’s $23m trumps pay of US bank rivals

Jamie Dimon, chief executive of JPMorgan Chase, earned $23.1m in total compensation last year, an 11 per cent increase over 2011, a higher level than the heads of the other large US banks.

In its annual report, JPMorgan said Mr Dimon received $1.4m in salary, a bonus of $4.5m and $17m in stock and options. John Stumpf, chief executive of Wells Fargo, earned $19.8m, while Citigroup’s Vikram Pandit earned $14.9m.

untrammeled greed... ya gotta love it...
Big Bank Profile: JPMorgan Chase

Federal taxpayer bailout received: $94.7 billion
Lobbying fees in 9 months after bailout: $4.2 million
Campaign contributions in 2008 federal elections: $6.0 million
Profits for 1998-2008: $97.6 billion
Profits for the first half of 2009: $4.86 billion
Bank fees for first half of 2009: $3.45 billion
Change in bank account fees (2003-08): +249.5%
Percent of first half 2009 profit from fees: 71%
Credit card income for first half of 2009: $3.56 billion
Median JPMorgan Chase bank teller wage: $10.58/hour or $22,006 annually
2008 CEO Jamie Dimon pay: $19.7 million (893 times median teller wage)
2008 bonus pool: $8.7 billion
First half 2009 bonus and compensation pool: $14.5 billion
Cash bonuses (top 5 execs) last 10 years: $254.9 million
Effective tax rate in 2008: -33.4%
Offshore subsidiaries in tax havens: 53

Labels: , , , , , ,

Submit To Propeller


And, yes, I DO take it personally home page