Users Online Now:
1,711
(
Who's On?
)
Visitors Today:
54,049
Pageviews Today:
100,808
Threads Today:
47
Posts Today:
727
12:57 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Pocahauntus Asks JPM Jamie Dimon If He Will Return $1.5 Billion In Overdraft Fees To Customers...Dimon Says NO!
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 79797655:MV80Nzk4MDkyXzg3NTE5MDQ3XzgyNkEzRjgx] It was all theater. And it is working because it is the thing you are all talking about. You go to the low hanging fruit and never discuss the far more important topic of inflation and all them lying through their teeth that inflation is not a problem. [/quote]
Original Message
[
link to www.zerohedge.com (secure)
]
The progressive Senator also attacked Dimon over what he argued was "excessive" compensation. "Mr. Dimon - as CEO you make 800 or 900 times your lowest paid worker. No one thinks you work 900 times harder than a teller. How did we get here?" To which Dimon responded that his compensation is set "by the board" (which he leads).
However, when asked if they support "stakeholder capitalism" by Toomey, all the CEOs responded in the affirmative.
Finally, Sen. Elizabeth Warren took on Dimon. When her turn to speak arrived, she proclaimed that Dimon was "star of the overdraft show" then proceeded to slam Dimon and JPM's unwillingness to automatically waive overdraft fees that Warren argued were unjust. $1.463 billion - "really $1.5 billion that you collected from your customers" ....but if JPM had automatically waived overdraft fees in line with regulatory guidelines, Warren said profits still would have been $27.6 billion.
When Warren pushed Dimon to commit to refund the money "that JPM took from consumers," he replied "no".
https://twitter.com/_/status/1397576363159269378
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>