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wordpix's Journal
wordpix's Journal
January 22, 2016

I wonder if dimon wrote the code

Just like the oil and gas drillers wrote the MMS code before the BP blowout

January 13, 2012

Gray wants Occupy protesters removed from McPherson Square


Posted at 06:50 PM ET, 01/12/2012
Gray wants Occupy protesters removed from McPherson Square
By Mike DeBonis

McPherson Square protesters have hunkered down for the cold weather. (Bill O'Leary - WASHINGTON POST) UPDATED 8:35 P.M.

Mayor Vincent C. Gray called on the National Park Service today to remove protesters from McPherson Square to “allow for elimination of the rat infestation, clean up, and restoration” of the downtown park.

In a letter to Park Service Director Jonathan B. Jarvis, Gray suggests moving the McPherson protesters, who have camped in the park since October, to a separate encampment at Freedom Plaza. snip

The McPherson Square site, Akhter said, “has some serious concerns that should be addressed immediately.” The problems include an ongoing risk of hypothermia, fire threats from the use of candles and propane heaters, inadequate food sanitation and a rodent infestation that is “clearly visible even during daylight hours.”
December 30, 2011

Bank CEOs Earn Big Bucks Even as Stocks Get Slammed

Bank CEOs Earn Big Bucks Even as Stocks Get Slammed

Published: Friday, 30 Dec 2011 | 11:06 AM ET Text Size
By: Jeff Cox
CNBC.com Senior Writer

Banks may have gotten hammered this year in the stock market, but the CEOs who run them are doing just fine.

While the nation's biggest financial institutions saw their market capitalization drop by an average of 11.1 percent, bank CEO compensation averaged $7.74 million, according to calculations by Rochdale Securities analyst Dick Bove.

That means the banking heads earned 50 to 100 times the average worker and did much better than their shareholders, who saw bank stocks as a group plunge about 26 percent this year.

Take JPMorgan Chase [JPM 33.2144 -0.2056 (-0.62%) ]. The Wall Street titan's CEO, Jamie Dimon, will earn just shy of $42 million this year for a bank that lost nearly a quarter of its market cap—or 23 percent—during the year, according to Bove's numbers. more...

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