So it’s that time of year again that we have all grown to love. While many Americans struggle making ends meet, the guys who were responsible for the risky tactics that started the credit crisis somehow managed to stay wealthy. Many will say that capitalism has no favorites, but is merely the survival of the fittest; however, at what point does plain old fashioned common sense come into play? Check out the infographic below at let us know where you stand on the matter.
Alton Hill
I am one of the co-founders of Tradingsim and an IT consultant who specializes in large scale Systems Integration projects. I have traded the markets actively since 2000 and believe that true trading mastery comes from practice . When I'm not working on a new day trading strategy, I enjoy spending time with my wife and 3 young sons.
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Welcome to the http://Tradingsim.com blog, where investors come to see cool infographics related to all things finance.
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I have a problem when the CEO’s of these companies get compensated in the way that they did. I am not anti-capitalism, lets get that straight. I am all about making money; the more the better. However, these CEO’s were directly responsible for what happened during the crisis that almost took them under. Every company has to compensate their employees and provide incentives to continue working hard and keeping the company running smoothly but there has to be limits; especially in this case.
All in all, disgusting, especially the 17MM bonus that Dimon got. I know its not all cash but to even think about such a number is laughable.
I have a problem when the CEO’s of these companies get compensated in the way that they did. I am not anti-capitalism, lets get that straight. I am all about making money; the more the better. However, these CEO’s were directly responsible for what happened during the crisis that almost took them under. Every company has to compensate their employees and provide incentives to continue working hard and keeping the company running smoothly but there has to be limits; especially in this case.
All in all, disgusting, especially the 17MM bonus that Dimon got. I know its not all cash but to even think about such a number is laughable.
lol, somehow I doubt anyone on Main Street America really cares about what happens on Wall Street
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