• 13 Dec 2012 at 5:43 PM

This Is America, Last Time Jamie Dimon Checked

By

Jamie Dimon, the CEO of the country’s largest bank by assets, says that regulating Wall Street pay could put us on the road to communism. “We all want an equitable society. We need to have a conversation about what makes it equitable,” the JPMorgan Chase CEO said at The New York Times DealBook conference on Wednesday. “You can go do it the way that Cuba tried. Okay, well, then it will be equitable, but everyone won’t have much.” “If you don’t want a free society, then start dictating what compensation can be,” he added. [HuffPo via Counterparties]

Comments (10)

  1. 1
    Posted by guest | December 13, 2012 at 5:47 PM

    glad someone has the balls to say it

  2. 2
    Posted by Hobbes | December 13, 2012 at 5:55 PM

    I hope Europe is listening.

  3. 3
    Posted by guest | December 13, 2012 at 6:07 PM

    We're not.

    -europe

  4. 4
    Posted by Zashar | December 13, 2012 at 6:17 PM

    Good on you, Jamie.

  5. 5
    Posted by Guest | December 13, 2012 at 6:21 PM

    2016

  6. 6
    Posted by Guest | December 13, 2012 at 8:37 PM

    He then wrapped himself in stars and stripes, got into a waiting Ford F150 and drove off to the sweet sounds of Toby Keith.

  7. 7
    Posted by Castro family | December 13, 2012 at 11:20 PM

    Hey – we have better medical care than the US!

  8. 8
    Posted by Mrs_Slocombe | December 14, 2012 at 8:18 AM

    Ah, Forget winner and losers, everyone gets a trophy….lets celebrate mediocrity at the expenses of exceptionalism—a true race to the bottom. Thankfully, someone knows the difference between equitable and equal…perhaps he can school the waterheads in DC.

  9. 9
    Posted by VonSloneker | December 14, 2012 at 9:14 AM

    We'll have him "singing soprano" shortly…

    - Wesley Mouch

  10. 10
    Posted by ignorant teen | December 14, 2012 at 9:34 AM

    Uh, have you been to Cuba? They have all you can eat!