Good going JP Morgan Chase !!!!!

[Runnin' Rebel]

Let's pay your boss and executives another 900 million.

Clowns

[itchy243mhz]

A$$ Clowns!

[A.J.R.]

Yuck.

[treeinthecity]

Value at risk anyone? Who is on the other side of the trade?

[Highland Ranger]

Odd to see that posted on a Rolex forum.

[Saxon007]

Originally Posted by Highland Ranger

Odd to see that posted on a Rolex forum.

Chase is probably not very popular in Vegas these days.

[Runnin' Rebel]

I have no issues with my bankers at the local Chase branches. It's the hierarchy of corporations that burn my ass.
My boss made 18 million+ in 2011, yet the company's nose is bearly above water.

And I've seen many more odd post's on this forum then this one.

[Rsvrider]

There is something really wrong with society these days. We are in such desperate need for leadership that we are willing to compensate for "it" far and beyond what should be adequate even when we are lead to the abyss. See you on the other side.

[mtrunner]

It is unfortunate that executives get paid such ridiculous amounts especially when they are publicly traded companies.

[Runnin' Rebel]

Gary,
It's ok for the boss to make 18 million if its a private company, even if it's on the verge of collapse. Really, whose worth that much money for a year now days. Not disagreeing at all with you.

Boycott all pro sports too, crazy stuff there too

[thaisayz]

Wow crazy numbers!!

[RolexWatcher]

Good to be a US CEO :)

http://www.epi.org/publication/ib331...top-1-percent/

"Depending on the CEO compensation measure, U.S. CEOs in major companies earned 20.1 or 18.3 times more than a typical worker in 1965; this ratio grew to 29.0-to-1 or 26.5-to-1 in 1978 and 58.5-to-1 or 53.3-to-1 by 1989 and then surged in the 1990s to hit 383.4-to-1 or 411.3-to-1 by the end of the recovery in 2000.

The fall in the stock market after 2000 reduced CEO stock-related pay (e.g., options) and caused CEO compensation to tumble until 2002 and 2003. CEO compensation recovered to a level of 351.7 times worker pay by 2007, almost back to its 2000 level using the option-realized metric.

The CEO-to-worker compensation ratio based on options-granted, however, returned only to 244.1-to-1 in 2007, still far below its heights in 2000. The financial crisis in 2008 and accompanying stock market decline reduced CEO compensation after 2007–2008, as discussed above, and the CEO-to-worker compensation ratio fell in tandem. By 2011 the stock market had recouped much of the value it lost following the financial crisis.

Likewise, CEO compensation has grown from its 2009 low, and the CEO-to-worker compensation ratio has recovered to 231.0-to-1 or 209.4-to-1, depending on the measurement of options.

Though lower than in other years in the last decade, the CEO-to-worker compensation ratio in 2011 of more than 200-to-1 is far above the ratios prevailing in the 1960s, 1970s, 1980s, and mid-1990s. This illustrates that CEOs have fared far better than the typical worker, the stock market, or the U.S. economy over the last several decades.

That begs the question: is there any gauge against which to measure CEO pay that hasn’t been surpassed?"

[The Golden Crown]

Unless you are a technical trader, never touch financial sector for the next 3 years... JPM better tank like hell tomorrow.

[seand442]

Originally Posted by The Golden Crown

Unless you are a technical trader, never touch financial sector for the next 3 years... JPM better tank like hell tomorrow.

Last I saw, it was down $7 in after-hours. Tomorrow should be interesting. C'mon, what's $2 billion really worth nowadays?

[The Golden Crown]

Originally Posted by seand442

Last I saw, it was down $7 in after-hours. Tomorrow should be interesting. C'mon, what's $2 billion really worth nowadays?

Just another entertainment for me. LOL

http://i.imgur.com/tCp90.gif

[gwalker]

I could careless in reality. I've got more things to worry about personally.

[bayerische]

I would love 18 million a year... So would my AD.

[Cru Jones]

anyone up for the new french solution? 75% tax on income above €1 million/year.

[The Golden Crown]

Originally Posted by Cru Jones

anyone up for the new french solution? 75% tax on income above €1 million/year.

NOT AT ALL..

But is that seriously their new plan???

[kayin]

Originally Posted by The Golden Crown

NOT AT ALL..

But is that seriously their new plan???

Yes it is. The new President stated this asks one of the pledges he was running his campaign on.

[MoBe]

Looks like it`s business as usual on Wall Street,more toxic debt heaped upon yet more toxic debt and no one has learned anything from the result of all the double dealing.

[bayerische]

Originally Posted by Cru Jones

anyone up for the new french solution? 75% tax on income above €1 million/year.

That's just plain crazy. Read about it some time ago...

What's the point of working at all....

I thought we had it bad with a maximum of 62% taxation, I'm not sure anybody ever gotten that high though. Seldom above 52%.

[Cru Jones]

Originally Posted by bayerische

What's the point of working at all.... :bang head:

something about the difference between "excessive" top income and lower income having become "indescent" (words in quotes used repeatedly during the public debate on the subject).

not trying to generate a political discussion on this topic, just reporting the facts of the recent debate here in france, and what the electorate chose.

this picture of the french-swiss border after the election has been making the rounds....

[bayerische]

Originally Posted by Cru Jones

something about the difference between "excessive" top income and lower income having become "indescent" (words in quotes used repeatedly during the public debate on the subject).

not trying to generate a political discussion on this topic, just reporting the facts of the recent debate here in france, and what the electorate chose.

this picture of the french-swiss border after the election has been making the rounds....

For real?

I'm guessing those are French Ferraris heading towards Switzerland, and not the other way around?

[Cru Jones]

Originally Posted by bayerische

For real?

I'm guessing those are French Ferraris heading towards Switzerland, and not the other way around?

it was a joke, but, yeah, that was the idea....

[MoBe]

Don`t forget,it was the French that invented the guillotine.

[bayerische]

Originally Posted by Cru Jones

it was a joke, but, yeah, that was the idea....

I thought as much.

[bayerische]

Originally Posted by MoBe

Don`t forget,it was the French that invented the guillotine.

Question is, who is on his stomach?

[MoBe]

Originally Posted by bayerische

Question is, who is on his stomach?

Sarkozy

[bayerische]

Originally Posted by MoBe

Sarkozy

Or the rich.