Jamie Dimon Receives 35% Raise in 2015 While Cutting Over 6000 Jobs

ebliever

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Quote from: jonald_fyookball on January 22, 2016, 09:08:55 PM

Don't hate the player. Hate the game.

Mr. Dimon is simply doing his best he can as a CEO.

The real problem is the banking system itself and
the fact that economic power became centralized.

So, hate the federal reserve if you want.

Better yet, don't hate anything, just love Bitcoin
and spread the word, for Bitcoin is revolutionary
and represents a separation of economy and state.

+1. Hating someone because they made a business more efficient is totally wrong-headed. While harsh in the short term (I was laid off in the 2008 crisis, it sucks, I know) cutting jobs by making a business more efficient frees up those workers to produce more value for humanity over the long run by taking up new jobs. By the logic of the haters, we should all keep living in huts with subsistence agriculture to keep everyone fully, gainfully employed.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Don't hate the player. Hate the game.

Mr. Dimon is simply doing his best he can as a CEO.

The real problem is the banking system itself and
the fact that economic power became centralized.

So, hate the federal reserve if you want.

Better yet, don't hate anything, just love Bitcoin
and spread the word, for Bitcoin is revolutionary
and represents a separation of economy and state.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: gentlemand on January 22, 2016, 07:08:54 PM

Quote from: QuestionAuthority on January 22, 2016, 04:56:10 PM

Use Bitcoin as an example. Who's made more money from Bitcoin than the heartless self serving bastards? Trendon Shavers, Goat, Zhou Tong, Erik Voorhees, Charlie Schrem, Mark Karpeles, James McCarthy, Tom Williams, Alberto Armandi, the team at Butterfly Labs........and on and on and on. Ruthless people make money, nice people do not.

How many of those folks actually managed to keep whatever money they allocated to themselves? I'm sure they got a bit out but they also fucked themselves up the ring piece and will be forever branded. Karpeles's fancy bed and hookers don't really make up for several possible years in a Japanese prison.

The BTC space has been heaving with ludicrous naivety. That stage is passing. We'll have a wiser brand of shark in the future who'll be able to relieve you of cash while still making you feel good about yourself.

That's scary because it's true. Wait till Jamie Dimon gets into Bitcoin. None of us will have any coin because he'll have them all. Cheesy

gentlemand

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Welt Am Draht

Quote from: QuestionAuthority on January 22, 2016, 04:56:10 PM

Use Bitcoin as an example. Who's made more money from Bitcoin than the heartless self serving bastards? Trendon Shavers, Goat, Zhou Tong, Erik Voorhees, Charlie Schrem, Mark Karpeles, James McCarthy, Tom Williams, Alberto Armandi, the team at Butterfly Labs........and on and on and on. Ruthless people make money, nice people do not.

How many of those folks actually managed to keep whatever money they allocated to themselves? I'm sure they got a bit out but they also fucked themselves up the ring piece and will be forever branded. Karpeles's fancy bed and hookers don't really make up for several possible years in a Japanese prison.

The BTC space has been heaving with ludicrous naivety. That stage is passing. We'll have a wiser brand of shark in the future who'll be able to relieve you of cash while still making you feel good about yourself.

jyakulis

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J

Quote from: QuestionAuthority on January 22, 2016, 05:03:59 PM

Quote from: jyakulis on January 22, 2016, 04:47:50 PM

Quote from: QuestionAuthority on January 22, 2016, 04:03:33 PM

You're just pissed because he's a genius and you're not. You know how I know he's a genius? Because he makes 27 million dollars a year.

When did money ever correlate to intellectual capacity?

Tesla died penniless as an example. He had integrity though.

I'd say it more relates to his drive and social prowess than intelligence IMHO.

EDIT: Oh nm see your later post.

There's a kind of genius that allows a person to intellictualize the moral dilemma of being a "good" person living in poverty or a ruthless person living the good life. I would prefer to only know and associate with good people. That's probably why all my friends are broke. lol

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: jyakulis on January 22, 2016, 04:47:50 PM

Quote from: QuestionAuthority on January 22, 2016, 04:03:33 PM

You're just pissed because he's a genius and you're not. You know how I know he's a genius? Because he makes 27 million dollars a year.

When did money ever correlate to intellectual capacity?

Tesla died penniless as an example. He had integrity though.

I'd say it more relates to his drive and social prowess than intelligence IMHO.

EDIT: Oh nm see your later post.

There's a kind of genius that allows a person to intellictualize the moral dilemma of being a "good" person living in poverty or a ruthless person living the good life. I would prefer to only know and associate with good people. That's probably why all my friends are broke. lol

Meuh6879

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yes, rich (in this system) are asshole, they want money ... more, more, more !

Caution, Bitcoin change this.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: pedrog on January 22, 2016, 04:37:07 PM

Well, some say bitcoin is costing bankers their jobs and will end the banking system, that's like millions of jobs, and many more say we are all going to get rich by holding bitcoin...

Use Bitcoin as an example. Who's made more money from Bitcoin than the heartless self serving bastards? Trendon Shavers, Goat, Zhou Tong, Erik Voorhees, Charlie Schrem, Mark Karpeles, James McCarthy, Tom Williams, Alberto Armandi, the team at Butterfly Labs........and on and on and on. Ruthless people make money, nice people do not.

jyakulis

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J

Quote from: QuestionAuthority on January 22, 2016, 04:03:33 PM

You're just pissed because he's a genius and you're not. You know how I know he's a genius? Because he makes 27 million dollars a year.

When did money ever correlate to intellectual capacity?

Tesla died penniless as an example. He had integrity though.

I'd say it more relates to his drive and social prowess than intelligence IMHO.

EDIT: Oh nm see your later post.

pedrog

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Activity: 2786

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Well, some say bitcoin is costing bankers their jobs and will end the banking system, that's like millions of jobs, and many more say we are all going to get rich by holding bitcoin...

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: Denker on January 22, 2016, 04:09:59 PM

Being a genius, a liar and and ruthless scammer are two completely different things I would say.
And Dimon is far away from being a genius.That guy is a jerk who would sell his own family if he had to.

Here's an image of a truthful, honest and fair businessman.

Here's an image of a genius that knows how to manipulate the system to become successful.

odolvlobo

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Quote

The pay raise comes after JPMorgan announced record annual profits last week, thanks to cost-cutting that helped to offset stagnating revenue growth.

Denker

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Being a genius, a liar and and ruthless scammer are two completely different things I would say.
And Dimon is far away from being a genius.That guy is a jerk who would sell his own family if he had to.

QuestionAuthority

legendary

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Merit: 1393

You lead and I'll watch you walk away.

You're just pissed because he's a genius and you're not. You know how I know he's a genius? Because he makes 27 million dollars a year.

Jordan23

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Wouldn't you say anything to keep that job? Of course you have to have zero morals and zero compassion.

http://www.usatoday.com/story/money/2016/01/21/jpmorgan-ceo-gets-pay-raise-35-27m/79132018/

Topic: Jamie Dimon Receives 35% Raise in 2015 While Cutting Over 6000 Jobs (Read 681 times)