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Mr. Big Dog

JPM CIO Ina Drew deserves $27MM parachute

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JPMorgan investment chief out

Fail, succeed - it doesn't matter. You get fcuking rich either way. Isn't capitalism great?

I think you say that because she is a woman


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No, I say that because there is a level in corporate America where you cannot fail. You lose $2BN, you get a $27MM severance package. Awesome, isn't it?

Ok, using that logic, there is also a level in Washington where you can't fail nor do you get fired. At least it was private money -- JPM lost it and somebody else gained it -- and got rich! Capitalism, awesome isn't it?


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and i just got poorer...


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JPMorgan investment chief out

Fail, succeed - it doesn't matter. You get fcuking rich either way. Isn't capitalism great?

####### like this happens all the time, even with the companies that were bailed out big time with US tax payer dollars. Management makes big bucks by tanking companies yet people blame the unions for the p*ss poor management done by the suits upstairs.


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No, I say that because there is a level in corporate America where you cannot fail. You lose $2BN, you get a $27MM severance package. Awesome, isn't it?

Yes. I hope my children get there one day. The worst that could happen is a government regualtion eliminating the possibility of that.


VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

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JPMorgan investment chief out

Fail, succeed - it doesn't matter. You get fcuking rich either way. Isn't capitalism great?

Yes, it is! Would you like to participate? Let somebody know, if that's the case.


Sometimes my language usage seems confusing - please feel free to 'read it twice', just in case !
Ya know, you can find the answer to your question with the advanced search tool, when using a PC? Ditch the handphone, come back later on a PC, and try again.

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Rank and file responsible for sizable losses will get the boot w/o a penny. Should be no different up the chain.

And who should decide that in a private corporation? You? Obama? Who should review those contracts or who should make judgement calls over what is best for the company? You? I think it is quite upstanding of them to do this just before the annual members meeting and alow the OWNERS of the company to make informed decisions


VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

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And who should decide that in a private corporation? You? Obama? Who should review those contracts or who should make judgement calls over what is best for the company? You? I think it is quite upstanding of them to do this just before the annual members meeting and alow the OWNERS of the company to make informed decisions

He's just jealous that he didn't get $27,000,000 for doing silly things :)


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He's just jealous that he didn't get $27,000,000 for doing silly things :)

I am also! But it is good to know it is a possibility!


VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

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JPMorgan investment chief out

Fail, succeed - it doesn't matter. You get fcuking rich either way. Isn't capitalism great?

To have the qualifications of a CIO, and negotiate the parachute - I'm sorry - these are skills and aptitudes I sense you truly not have.

It'd be mondo f"ing cool if you were of the same ilk, and then complained.

Otherwise? hey - keep on, keeping on.


Sometimes my language usage seems confusing - please feel free to 'read it twice', just in case !
Ya know, you can find the answer to your question with the advanced search tool, when using a PC? Ditch the handphone, come back later on a PC, and try again.

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He's just jealous that he didn't get $27,000,000 for doing silly things :)

Hey, if I got 27MM for every silly thing I ever did, I'd be a fcuking billionaire. I just want people to spare me the ####### of the uberrich "earning" what they're making. They don't. They're part of an exclusive club and that's all there is to it. No magic to it. You're part of that club and you cannot fail. Gravity no longer applies. Period. That's all I'm saying. Drew, Nardell, McGuire - you name them. They all failed their employers and got rich while failing.

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