Elizabeth Warren slams JPMorgan Chase...

[Wry Catcher]

for giving a raise to CEO Jamie Dimon.

The Wall Street giant had to pay $17 billion in fines for illegal activity in 2013
"Speaking during a Senate Banking Committee hearing, Massachusetts Sen. Elizabeth Warren noted how government regulators have much work to do when it comes to changing the culture of Wall Street, pointing specifically to the example of JPMorgan Chase CEO Jamie Dimon.

"The JPMorgan Chase example is simple and instructive: Despite the fact that the megabank spent much of 2013 negotiating with federal regulators, and ultimately was fined billions of dollars, the board decided to increase CEO Jamie Dimon’s compensation to $20 million."

Link:

Elizabeth Warren slams JPMorgan Chase for giving a raise to CEO Jamie Dimon - Salon.com

And yet her Republican colleagues in the Senate voted down an extension of the minimum wage law.

 

[driveby]

It's none of her fucking business what a private company pays one of it's employees.........

Doesn't she have a form to falsify or something?.....

 

[Dont Taz Me Bro]

And yet her Republican colleagues in the Senate voted down an extension of the minimum wage law.

Which has absolutely zero relevancy.

 

[CrusaderFrank]

The government needs to completely exit the banking business

 

[HenryBHough]

Pocahontas needs quit think wampum - think money.

 

[Wry Catcher]

The story is pretty damn simple, the Republicans and their fellow travelers ^^^ are OK with a criminal enterprise paying a crook $20,000,000 and denying working men and women who lost jobs due to criminal banksters, an extension of unemployment insurance.

How much more corrupt can the GOP become?

****

From the Link in the OP:

"The raise is very real, but it should be kept in mind that Dimon’s annual compensation had been previously slashed in half, to $11.5 million, as punishment for 2012′s so-called London Whale fiasco+++, which cost the bank billions.

"After a reportedly heated debate — in which some members argued Dimon’s compensation should remain at its “reduced” level, due to the bank’s fines in 2013, while other advocated increasing the CEO’s compensation as a reward for his stewardship during the crisis — the board ultimately decided on the $20 million figure.

“Jamie Dimon got a raise after he negotiated $17 billion to pay for activities that were illegal that he presided over,” Warren said on Thursday. '“So I’m not quite sure how this is a deterrent for other CEOs.”'

+++http://en.wikipedia.org/wiki/2012_JPMorgan_Chase_trading_loss

 

[Stephanie]

I wonder how much stock's she has in them?

ole lizze, thinks she is now the queen

 

[driveby]

The story is pretty damn simple, the Republicans and their fellow travelers ^^^ are OK with a criminal enterprise paying a crook $20,000,000 and denying working men and women who lost jobs due to criminal banksters, an extension of unemployment insurance.

How much more corrupt can the GOP become?

Solyndra ftw......

 

[Stephanie]

The story is pretty damn simple, the Republicans and their fellow travelers ^^^ are OK with a criminal enterprise paying a crook $20,000,000 and denying working men and women who lost jobs due to criminal banksters, an extension of unemployment insurance.

How much more corrupt can the GOP become?

Solyndra ftw......

Solyndra is just the TIP of the corrupted ice berg from this administration
Obama the most corrupted EVER

 

[Wry Catcher]

I wonder how much stock's she has in them?

ole lizze, thinks she is now the queen

You're really an asshole ,as well as one of the stupidest people to post on this message board.

 

[Wry Catcher]

The story is pretty damn simple, the Republicans and their fellow travelers ^^^ are OK with a criminal enterprise paying a crook $20,000,000 and denying working men and women who lost jobs due to criminal banksters, an extension of unemployment insurance.

How much more corrupt can the GOP become?

Solyndra ftw......

Solyndra is just the TIP of the corrupted ice berg from this administration
Obama the most corrupted EVER

Stephanie is not only an asshole and stupid she is a liar too!

Other than being a non sequitur, I'll remind driveby and others that no fines were assessed for wrongdoing or criminal behavior. Solyndra was a combination of bad luck and a poor business plan:

Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide (CIGS) thin-film solar cells based in Fremont, California. Although the company was once touted for its unusual technology, plummeting silicon prices led to the company's being unable to compete with more conventional solar panels.[1] On 1 September 2011, the company ceased all business activity, filed for Chapter 11 bankruptcy, and laid off all employees.[2] The company is also being sued by employees who were abruptly laid off.[3]

Solyndra - Wikipedia, the free encyclopedia

 

[HenryBHough]

You're really an asshole ,as well as one of the stupidest people to post on this message board.

A gracious person like yourself must surely welcome the competition!

 

[PredFan]

Elizabeth "I'm a Native American" Warren is an idiot. She couldn't slam a door if she had a tail wind.

 

[PredFan]

i wonder how much stock's she has in them?

Ole lizze, thinks she is now the queen

you're really an asshole ,as well as one of the stupidest people to post on this message board.

irony alert irony alert

 

[eflatminor]

But not a word from ol' chief lying ass about raises given the IRS employees...who did such a bang up job in 2013.

Hmm...me thinks the paleface devil speak with forked tongue.

Embattled IRS plans employee bonuses for 2013 work - Washington Times

 

[driveby]

Solyndra ftw......

Solyndra is just the TIP of the corrupted ice berg from this administration
Obama the most corrupted EVER

Stephanie is not only an asshole and stupid she is a liar too!

Other than being a non sequitur, I'll remind driveby and others that no fines were assessed for wrongdoing or criminal behavior. Solyndra was a combination of bad luck and a poor business plan:

Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide (CIGS) thin-film solar cells based in Fremont, California. Although the company was once touted for its unusual technology, plummeting silicon prices led to the company's being unable to compete with more conventional solar panels.[1] On 1 September 2011, the company ceased all business activity, filed for Chapter 11 bankruptcy, and laid off all employees.[2] The company is also being sued by employees who were abruptly laid off.[3]

Solyndra - Wikipedia, the free encyclopedia

You left out the hundreds of millions of taxpayer dollars laundered by the Obama administration, numbnuts........

 

[Wry Catcher]

But not a word from ol' chief lying ass about raises given the IRS employees...who did such a bang up job in 2013.

Hmm...me thinks the paleface devil speak with forked tongue.

Embattled IRS plans employee bonuses for 2013 work - Washington Times

Well that's ^^^ a lie. You don't think, you parrot the red meat rubbish of the right.

 

[jasonnfree]

It's none of her fucking business what a private company pays one of it's employees.........

Doesn't she have a form to falsify or something?.....

It's a private company that gets 14 billion a year in taxpayer subsidies. It got 25 billion in the bank bailout and that doesn't include it's subsidiaries. Free stuff for the 1%. Solyndra only received about 500 million. Basically JP Morgan gets about 28x the amount of taxpayer subsidies yearly that Solyndra received one time. So yes, Warren has every right to question JP Morgan.

 

[jasonnfree]

Solyndra is just the TIP of the corrupted ice berg from this administration
Obama the most corrupted EVER

Stephanie is not only an asshole and stupid she is a liar too!

Other than being a non sequitur, I'll remind driveby and others that no fines were assessed for wrongdoing or criminal behavior. Solyndra was a combination of bad luck and a poor business plan:

Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide (CIGS) thin-film solar cells based in Fremont, California. Although the company was once touted for its unusual technology, plummeting silicon prices led to the company's being unable to compete with more conventional solar panels.[1] On 1 September 2011, the company ceased all business activity, filed for Chapter 11 bankruptcy, and laid off all employees.[2] The company is also being sued by employees who were abruptly laid off.[3]

Solyndra - Wikipedia, the free encyclopedia

You left out the hundreds of millions of taxpayer dollars laundered by the Obama administration, numbnuts........

When did Obama administration launder hundreds of millions of taxpayer dollars?

 

[Disir]

for giving a raise to CEO Jamie Dimon.

The Wall Street giant had to pay $17 billion in fines for illegal activity in 2013
"Speaking during a Senate Banking Committee hearing, Massachusetts Sen. Elizabeth Warren noted how government regulators have much work to do when it comes to changing the culture of Wall Street, pointing specifically to the example of JPMorgan Chase CEO Jamie Dimon.

"The JPMorgan Chase example is simple and instructive: Despite the fact that the megabank spent much of 2013 negotiating with federal regulators, and ultimately was fined billions of dollars, the board decided to increase CEO Jamie Dimon’s compensation to $20 million."

Link:

Elizabeth Warren slams JPMorgan Chase for giving a raise to CEO Jamie Dimon - Salon.com

And yet her Republican colleagues in the Senate voted down an extension of the minimum wage law.

Because nothing sends the message don't do that again like a bonus.

This is what I find amazing about Republicans: the unwillingness to demand that employers pay their workers enough not to need food stamps or welfare that we have to pay via taxes.