Mind you, this an industry that had to be saved from itself through a massive infusion of cash from the federal government (ie., you and me, the people who pay taxes). And what was the lesson learned from the brush with disaster? You tell me. JP Morgan Chase CEO Jamie Dimon, the face of oblivious Wall Street wealth, received $23 million in total compensation last year, about the same as the year before, according to Bloomberg. (Yes, I know JP Morgan repaid its $25 billion in taxpayer money.)
So you’ll have to pardon me if I get a few chuckles out of the irreverence of a young entrepreneur who, far as I know, hasn’t been subsidized by taxpayers and hasn’t risked taking the global economy off a cliff.
Mark Zuckerberg should wear a hoodie to every single business meeting for the rest of his life. Just to annoy Wall Street.
May 10, 2012 // 11:05 // 1 year ago