Jamie Scrooge Dimon
 

Dimon makes $150,000 PER DAY. He won't intervene to help an old widow with her dead husband's $53,000 TOTAL PENSION.

Shameful.

Exclusive | Grinches at JP Morgan double down on refusal to pay widow's pension: 'No change'

I’m sensing a definite double standard. If someone labeled the developer a Scrooge, you would be jumping down their throat. I guess there is a different standard for Dimon?

Show a similar, comparable example for your theory.

In the US the average CEO made 290 times their lowest paid workers in 2023 (Washington Post). I've always thought of myself as a capitalist, but that statistic is disgraceful. And Jamie Dimon is one of the best paid CEO's in the nation.

Devil's Advocate:

1. How is DImon's salary relevant to whether or not widow is entitled to $53k?
2. If widow is not legally entitled to $53k, should she get it just because there are other employees at JPM making piles of cash?
3. Are other employees at JPM worth what they are being paid? Who gets to decide that? What relevance does that have to legal claims against the company?

It seems to me that the media is framing this in typical oppressor/oppressed fashion whereas that is not really relevant to the case. Obviously, JPM's legal dept reviewed this extensively and determined the widow was not entitled. If they made an exception just to be charitable, it would probably open them up to tons of similar claims.

Well put!

Maybe educate yourself on the subject before posting…. It’s been ongoing for 13 years. After reading everything about it, she should get the money. 100%

And your perception is different because ?

- At the time he left the company the spouse was not automatically entitled to a survivor benefit.

- The employee never elected a survivor benefit for the spouse.

1. Why then would the spouse be entitled to receive a survivor benefit?

2. The law was later changed to avoid this situation. That change would not be necessary if the situation did not occur.

Unfortunately for her, this is one of those cases that made the later law desirable.

That is not remotely possible unless you've had access to her personal papers, correspondence between she/her lawyer and JPM and have seen the stated legal framework of the JPMorgan retirement plan in question.

I'll venture a wild guess that you've seen none of the above. So, the corrupted/agenda-driven media "wins" again (at least with some people).

Pugchief nails the issue.

Don’t know denies are first 5 requests plus trying get what owed. Got lawyer up just like trying get your blood out of insurance companies.

He read about it. More than rest of us done.

Laws enacted that explains it.

Supply & Demand, Baby.

I will take the Free Market over any other market, government in the world.

Why people compare "the lowest paid worker" to a CEO I will never understand.

The CEO could do the worker's work, but the worker could not do the CEO's job.

Get over it.

You got that right Dewi. Dimon is a generational talent. He knew the subprime mortgage market was going to blow up, and was consulted by the fools in the government, that contributed to the crisis, to help them deal with the toxic fallout. He also is currently trying to warn everyone that will listen, that the current artificial economy, fueled by government deficit spending, is the next bubble that’s going to burst. Those in the know very much respect his experience, knowledge, and opinions.