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Boston Herald: Scott Brown Tells CEO Of JPMorgan To Return $21.5M As Penance

June 14, 2012 By scottbrown Leave a Comment

U.S. Sen. Scott Brown said JPMorgan Chase CEO Jamie Dimon should return his $21.5 million 2011 bonus and incentives as penance for the bank’s recent $2 billion-plus investment blunder.

“The way for Jamie Dimon to demonstrate his seriousness about the mistakes that led to JPMorgan’s $2 billion trading loss is to take back bonuses and incentive compensation from those who were involved … including himself,” Brown said yesterday as Dimon testified on Capitol Hill.

To read the rest of the story click here.

This story first ran in the Boston Herald on June 14, 2012.

 

Filed Under: Articles, Economy, News

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