“With around $20 billion in fines for civil and criminal violations, JPMorgan Chase is making history. Of course, as most narcos know, you’ve got to factor in losing some money to making a lot of money. That means the leaders of the so-called banks too big to fail — like their drug cartel counterparts — are doing just fine indeed. That is just the case with Jamie Dimon. After a year of virtually non-stop settlements with the US government for various violations of regulations and the law (but no criminal indictments or personal fines against Dimon, or prosecuted criminal charges against JP Morgan Chase), his board felt that a 77 percent increase in his salary to $20 million a year was in order.”
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