JPMorgan Chase to pay record bonuses: Damn it feels good to be a bankster!

LOL!!!! CalculatedRisk nails it:

(…)Record bonus pot at JP Morgan

JP Morgan’s pay-out looks set to be the highest ever offered by the bank. Based on analyst consensus, it will be 28pc up on 2008 and 2007 levels … The investment bank’s refusal to rein back bonuses is likely to be seen as an act of defiance both by the US and UK governments….

January 10, 2010. Tags: , , , , , . Finance, Housing, Obama Administration, Politics, Popular Culture, TARP, Wall St.

%d bloggers like this: