Wall Street received their annual bonus money in the first quarter, so the numbers are fresh in their minds. Maybe that's why he's been complaining so much about regulation, even going as far as to say that it would "damage America." The only "damage" will be to his take home pay and 51% pay increase. Take a guess why Jamie Dimon hates regulation?
JPMorgan Chase & Co. (JPM) gave Chief Executive Officer Jamie Dimon a 51 percent raise in 2010 as the bank resumed paying cash bonuses following two years of pressure from regulators and lawmakers to curb compensation.
Dimon’s $23 million compensation package makes him the highest-paid chief executive among the top six U.S. banks since 2007, according to the banks’ proxy statements. Goldman Sachs Group Inc. (GS) CEO Lloyd Blankfein, 56, received the next-highest payout for 2010 at $19 million, followed by Wells Fargo & Co. (WFC) head John Stumpf, 57, at $17.5 million.
