Good morning everyone, I hope you had a great weekend. Last night on CBS 60 Minutes, there was a 2 part interview with JPMorgan Chase CEO Jamie Dimon. He talked about the economy, executive compensation (he made $31 million last year) and the recent recession. He is the only CEO of a major bank that survived the Great Recession (he has been the CEO since 2006). There was a lot of great info in this interview. Unfortunately, there was no information about Chase credit cards.
During the second part of the interview, they showed the investments JPMorgan Chase made in Detroit and how the city is improving. Very eye opening and inspiring.
If you have any questions about the interview, please leave a comment below. Have a great day everyone.
I saw the informative report last night but it had NOTHING to do with credit cards or travel so not sure what the relevance is for a travel blog.
You are right, nothing travel related, unless you have plans to travel to Detroit. I just think that Jamie Dimon is a very interesting guy.
Definitely an interesting guy that dare I say it seemed down to earth normal considering his position and salary.
Very true. He was very straightforward and answered all the questions with real answers (kind of a cop out on the Board’s decision regarding his salary). I would love to see similar interviews with other CEOs of large banks (AMEX, Citi, Bank of America, etc.) and see how they compare to Jamie Dimon.
Talk about a missed opportunity to sell CSP and CSR! He would not survive as a full-time blogger.
I really wonder what credit cards he has and uses on a daily basis.
I don’t know if this was in the 60 min interview, but he recently said “he has no control” over the $31 in compensation. BS. If he wanted to set an example he could tell the board he doesn’t want that much — they’d be compelled to comply
Yes, it was in the interview from last night. He could definitely tell the board not to give him that much or donate a large portion of it to charity.