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pinboy3niner

(53,339 posts)

4. And as subordinates take the fall, shareholders vote to keep Dimon

Tue May 15, 2012, 04:57 PM

May 2012

Being a one-percenter means never having to say you're accountable...

JPMorgan's Dimon keeps his chairman job in shareholder vote

By Andrew Tangel
May 15, 2012, 9:01 a.m.

TAMPA, Fla. — Jamie Dimon will keep his jobs as chairman and chief executive of JPMorgan Chase & Co.

Shareholders overwhelmingly voted him back onto the board as well as approving executive compensation packages. Shareholders voted only 40% in favor of a nonbinding proposal to split the jobs of chairman and CEO. Final vote tallies will be filed later with the Securities and Exchange Commission.

...

http://www.latimes.com/business/money/la-fi-mo-jpmorgan-dimon-chairman-20120515,0,2674432.story

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JP Morgan's Dimon: 'I understand the frustration' [View all] ellisonz May 2012 OP

If he understands it then he ought to be backing policies to help address it. limpyhobbler May 2012 #1

You mean like the Volcker Rule that would have prevented this flawed hedging strategy? Chan790 May 2012 #2

I guess so. And/Or reinstate the Glass-Steagall Act. limpyhobbler May 2012 #5

That's pretty easy to say when you have $200M in the bank ... TBF May 2012 #3

And as subordinates take the fall, shareholders vote to keep Dimon pinboy3niner May 2012 #4

"Being a one-percenter means never having to say you're accountable..." ellisonz May 2012 #7

I joined a credit union this week. ellisonz May 2012 #6