<p>Analysts?</p>
<p>The same group of people that said aapl is worth $1,000 a share? </p>
<p>Razorsharp, why is it so important to you that ceos make 350 times the average worker? </p>
<p>Do you think the economy is going to crumble if ceo pay was cut back?</p>
<p>I say call Dimon’s bluff. Dimon probably had analysts come up with the 20 billion dollar number.</p>
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<p>In an efficient market, people should earn what their skills are worth in the market place. A CEO who can create billions of dollars in wealth is worth $27.5 million. </p>
<p>Since most CEOs are paid based on stock performance, if their compensation is cut, their incentives will decrease (all other things being equal) and wealth in the economy will decrease. That means the economy will get worse.</p>
<p>Your reference to Apple proves my point. Apple under the influence of Steve Jobs was able to produce products that enabled the stock to go to $700. Now that Jobs is gone, there are no new products under the new CEO and the stock has dropped $300 per share. How many billions was Jobs worth over Tim Cook? I say enough to justify whatever compensation Jobs wanted.</p>
<p>We don’t have an efficient market. You don’t have the fed buying 85 billion in securities every month in an efficient market.</p>
<p>Musk is worth the money. Actually, I have to think about that. Musk has tremendous govt. support.</p>
<p>Not only do we not have an “efficient market,” we don’t even have a “real” market.</p>
<p>Dimon is mobbed up with the FED. In a racket, you go with the guy who’s the most mobbed up bankster.</p>
<p>“A CEO who can create billions of dollars in wealth” How, exactly, does a CEO do that? And if you pay the CEO $2M instead of $20M how exactly does he decide to only create 10% as many billions of $$ of wealth?</p>
<p>My take on Apple is that the company could never keep up its winning streak - Jobs or no Jobs. It was over priced before for its realistic prospects. Now it’s underpriced for its assets and past performance, and its stock price bounces around like a chihuahua on crack. “The market” has the emotional stability of a 15 year old girl. </p>
<p>Athletes, actors and other entertainers live in a cruelly capitalistic world. Their worth to a project is calculable, and rises and falls with their measurable performance. I’ve never been able to figure out how you generate reliable metrics for CEO performance. How much actual added value does CEO A bring over CEO B? Some companies do well with empty suits at the helm; others fail regardless of the CEO’s talent. </p>
<p>But the pay keeps going up for all of them.</p>
<p>Yeah… I guess in a perverse way that is why Dimon is worth the money. (Post 224). Dimon works to distort the markets to JP Morgans advantage. Dimon doesn’t have an interest in efficient markets.</p>
<p>This is a little disturbing. Looks like the oligopoly is going to continue.</p>
<p>[Compromise</a> Seen on Derivatives Rule - NYTimes.com](<a href=“http://dealbook.nytimes.com/2013/05/15/compromise-seen-on-derivatives-rule/]Compromise”>Big Banks Get Break in Rules to Limit Risks - The New York Times)</p>
<p>Yeah, our regulators and politicians are bought and paid for… Dimon is their main man. I’m hoping this will change by the time my kids are my age, but in the meantime, I’ve told them to think about government work as a career. Just to be on the safe side.</p>
<p>:)</p>
<p>I don’t think human nature is going to change.</p>
<p>Me neither. Me neither. ;)</p>
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<p>I’m not sure if I like the idea of my company’s owner using his influence on the stock price as a way to hold the rest of the organization hostage.</p>
<p>That’s exactly why he can get it. Not playing for fun here.</p>
<p>Dimon is not “the” owner. Dimon is the manager. Dimon owns shares. He can vote those shares for himself.</p>
<p>The jpm vote is not being played on a level field.</p>
<p>[Investor</a> group calls on SEC to review change in JPMorgan voting - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/investor-group-calls-sec-review-201406571.html]Investor”>http://finance.yahoo.com/news/investor-group-calls-sec-review-201406571.html)</p>