FROM READER SUPPORTED NEWS WHO WE SHOULD ALL SUPPORT WITH $$$$$$$$$$$$$
Jamie Dimon's Raise Proves US Regulatory Strategy Is a Joke
By Matt Taibbi, Rolling Stone
31 January 14
The Board of a troubled bank with billions in trading losses and billions in fines for illegal behavior decided to withhold employee pay raises, but double the CEO compensation, in order to snub the nose of the regulators who have been pointing out years of unethical, if not illegal, behavior? The same regulators who might well see this very action as a good reason to heighten their investigations . . . ? This is some pretty tortured logic.