“At J.P. Morgan, the biggest U.S. bank by assets, directors are
considering lower 2012 bonuses for Chief Executive James Dimon and other
top executives in the wake of a multibillion-dollar trading disaster,
said people close to the discussions. But they also are grappling with
the question of how to do that without drastically reducing the
executives’ take-home pay.” This from today's Wall Street Journal causes me to ask how Morgan will pay a lower bonus but executives will take home the same pay.
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