Jake DiMare calls out JP Morgan’s wealthy CEO, who claims newspaper employees are overpaid at $44,000 a year.
Rounding out the “Opposite of Good Men” list today…
Bloomberg news is reporting JP Morgan’s CEO Jamie Dimon says employees of the newspaper industry—who make an average of around $44,000 a year—are… wait for it… Overpaid.
Jamie Dimon earns approximately 23 million dollars annually.
According to Wikipedia, in 2004 the median household income in the United States was $44,389.
According to the Wall Street Journal, at this same event, an annual investor’s meeting, he went on to defend the pay for employees at JP Morgan, claiming:“We are going to pay competitively.” He also said, “We need top talent, you cannot run this business on second-rate talent.”
Poor Jamie Dimon. I can’t imagine how hard it would have been for JP Morgan to have played their part in crippling the world economy with ‘second-rate talent’.
I think it might be fun to show Jamie some solidarity on Twitter by pointing out other people we think are overpaid using the hashtags #poorjamiedimon and #wayoverpaid
Don’t forget to mention @goodmenproject in your tweets.
Photo courtesy Randy Le’Moine Photography