How Jamie Dimon Should Have Answered Representative Katie Porter
Defending Business Ethics: The Case for Merit-Based Compensation
Last Wednesday, April 10, the United States House Committee on Financial Services held a hearing with the CEOs of several major banks. California freshman representative Katie Porter questioned JPMorgan Chase CEO Jamie Dimon about the wages of a hypothetical employee. This employee is a single mom making $16.50 per hour, a figure taken from an actual JP…
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