President Barack Obama said he doesn’t begrudge the chief executives of JPMorgan Chase and Goldman Sachs their bonuses but called their pay “extraordinary.” In an interview with Bloomberg BusinessWeek, Obama also underscored his call for shareholders to have more of a say on executive pay. Goldman, which reported a record profit for 2009, announced last week it would award CEO Lloyd Blankfein stock worth about $9 million. JPMorgan chief executive Jamie Dimon is to receive a compensation package worth around $17 million.
Obama Doesn’t ‘Begrudge’ Dimon, Blankfein Over Pay
Most Popular Articles
Latest Articles
Best real estate apps for agents in 2024
Download these top real estate apps to manage your business on the road.
-
Former Keller Williams agents continue their legal actions
-
NAF’s Gatling: Recognize that diverse communities are the norm
-
Buyers are struggling to compete in the white-hot Cincinnati market
-
HUD details funding, policy support for green homes and climate resilience
-
Pending home sales post a modest gain in March: NAR