Article: After JPMorgan Chase Admits to Its 4th and 5th Felony Charge, Its Board Gives a $50 Million Bonus to Its CEO, Jamie Dimon

Article - Media

After JPMorgan Chase Admits to Its 4th and 5th Felony Charge, Its Board Gives a $50 Million Bonus to Its CEO, Jamie Dimon

Pam Martens and Russ Martens, 23 July 2021

The unthinkable is happening with alarming regularity at the Frankenbank JPMorgan Chase. Over the last seven years, with Chairman and CEO Jamie Dimon at the helm, JPMorgan Chase has managed to do what no other federally-insured American bank has managed to do in the history of banking in the United States. The bank has admitted to five separate felony countsbrought by the U.S. Department of Justice, while regulators took no action to remove the Board of Directors or Jamie Dimon.

Now, once again, the outrageous hubris of this Board is on display. Just last fall the bank forked over $920 million of shareholders moneyto settle its fourth and fifth felony counts brought by the Department of Justice, this time for rigging the precious metals and U.S. Treasury market. Now, in the dog days of summer, rarely a time for bonuses on Wall Street, the Jrgan Chase board announced on July 20 that it is giving Dimon 1.5 million stock options which, according to a specialist cited at Bloomberg News, have a total value of $50 million on paper.

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Article: (SEC) Meeting with Representatives of Overstock.com, DowLohnes Government Strategies and Haverford Group

Article - Media, Publications

(SEC) Meeting with Representatives of Overstock.com, DowLohnes Government Strategies and Haverford Group

basserdan, 27 October 2018

On September 8, 2008, Jonathan Johnson of Overstock.com, Kenneth Salomon of DowLohnes Government Strategies LLC, and John Wellborn of the Haverford Group met with Commissioner Aguilar and his counsel, Cyndi Rodriguez. They discussed issues related to the amendments to Regulation SHO, Rel. No. 56213 (S7-19-07) and the Emergency Order, Rel. Nos. 58166 and 58190 (S7-20-08) and issues related to data on the volume of failures to deliver. Continue reading “Article: (SEC) Meeting with Representatives of Overstock.com, DowLohnes Government Strategies and Haverford Group”