Monday, May 14, 2012

Pay clawbacks for executives would be in order on JPMorgan loss - The Globe and Mail

Pay clawbacks for executives would be in order on JPMorgan loss - The Globe and Mail: It’s not enough to push out the people at JPMorgan who were responsible for the $2-billion (U.S.) trading loss that the company disclosed last week, which led to a $14-billion disappearance of shareholder value on Friday. The bank and its board ought to demand those involved return much of their pay.?

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