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Tuesday, July 12, 2016

Salaries at J.P. Morgan

In his article on pay increases at JP Morgan (New York Times, July 12, 2016: A23), Mr Dimon did not mention the $87 million (in cash, stock options, and other compensation) paid in 2015 to the top five executives at JP Morgan.

The $200 million invested in training its over 200,000 employees looks paltry by comparison: under $1,000 each.

Sent to New York Times