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HughBeaumont

(24,461 posts)

1. LEGALIZED. THEFT.

Reply to Ichingcarpenter (Original post)

Tue May 15, 2012, 05:59 AM

May 2012

Cronies dictating lottery perk packages of cronies, no matter if they do a good or bad job.

GOD I'm sick of this shit, and Jamie Dimon enables it all.

That 32 mil should be taken from her and distributed among undeserving lower-rung JP workers who are inevitably going to be fired to make up for this loss thanks to her incompetent management. Trust me, she won't be starving.

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Highlight:

Fired JP Morgan CEO gets $32 million dollars as her severance pay [View all] Ichingcarpenter May 2012 OP

LEGALIZED. THEFT. HughBeaumont May 2012 #1

Well she did make $3.7B in 2009. Lucky Luciano May 2012 #8

at least she's not a union thug with a strangling union contract leftyohiolib May 2012 #2

... xchrom May 2012 #3

G'head, tell me why Eisenhower-era tax rates were such a terrible thing again? JHB May 2012 #4

Well, now that she's lost her job, they wanted to help her find a new job, or go back to school tclambert May 2012 #5

. Wilms May 2012 #11

The next person who complains about public employee pensions... Starry Messenger May 2012 #6

Heavens! However will the poor dear survive? deutsey May 2012 #7

RACKET. And I don't mean tennis. nt valerief May 2012 #9

Rewarded for being fired for dereliction of duty liberal N proud May 2012 #10

Bank Bets.... heads they win. Tails, taxpayers lose (again). jerseyjack May 2012 #12

Sounds about right. progressoid May 2012 #13

I'll bet she's feeling really chastized for her screwup CanonRay May 2012 #14

You gotta change that misleading headline. Prometheus Bound May 2012 #15

On a salary... Godot51 May 2012 #16

Her severance was 450,000. The 32 million was already hers. Godhumor May 2012 #17

Yep. nt Lucky Luciano May 2012 #18

Nobody. Nobody is worth that sum of money. nt snappyturtle May 2012 #19

CIO, not CEO; and the $32 million is her retirement package, not severance pay. FarCenter May 2012 #20

Ah, that's it then! Should have given her a massive bonus too... JHB May 2012 #31

incompetence seems to pay. BootinUp May 2012 #21

Yes, Virginia, bvar22 May 2012 #22

I wonder how much of the severance pay some of these people get is hush money to keep them jwirr May 2012 #23

Her severance was 450k not 32 million Godhumor May 2012 #24

Regardless, I'm pretty sure she'll be OK. Bake May 2012 #25

Would she still have that money of she were dismissed in some harsher manner? JHB May 2012 #32

How in fucking hell is this legal?? It's theft plain and simple. Initech May 2012 #26

it's more like $32 million with all her deferred compensation and options grasswire May 2012 #27

Deferred is your money, there would be no way to take that back Godhumor May 2012 #29

Yes, especially if fired for mismanagement. SammyWinstonJack May 2012 #30

She was not CEO. Jamie Dimon is JPM's CEO. AlinPA May 2012 #28

How do we know that this $32 million..? kentuck May 2012 #33