on Monday voiced his support for both large pay packages for CEOs and addressing income inequality in America.host likened the process of recruiting and retaining the cream-of-the-crop chief executives to the way that sporting organizations land elite players — demand bids their price tags higher.
Cramer suggested that anyone opposed to the big paychecks that Dimon and other notable CEOs receive should take it up with the respective companies' boards, who solicit outside help to put together the best pay and bonuses for leaders.
No, u guys deserve every penny u got from the TAX PAYER bailout from your misguided& bad CDO'S that killed the housing & finance mkt. U really are doing gods work charging 30% on your credit cards. I don't know why you bankers are not showered with billions; oh right u are!
I believe that the common worker has not caught up with innovation. As more jobs get automated/layoffs the wage gap widens.
People can’t get poorer. But people can get richer , as long as our economy grows , the income gap will widen, not a bad thing
Come on Jim common sense and average shareholder concerns are out the window when it comes to CEO pay. Grossly out of line.
This may be the most ridiculous headline I’ve ever read.....
Thus making the solution intractable, not enough mulla to go around
Instead of lowering the bar for all..lets all work harder and smarter to reach a hire level.
So Jim, you’d support a $15 minimum wage?
Truth: WS firing CEOs gone up because they know they have to replace Bullish CEOs with seasoned defensive CEOs. They need less reckless CEOs to save them from the mess created by more reckless CEOs.
And Cramer thinks wage growth is healthy. LMAO! jimcramer
I agree that there are many CEOs that increase shareholder value and make their companies more profitable who earn their salaries. However, there are way too many high priced CEOs of poor performing companies who don’t.
Well Sparky what’s you solution other than sarcastic quips
jimcramer comments like this make me doubt if you ever learned anything from Harvard. PROBLEM is the flaw in the design of modern capitalism, SYMPTOM is everyone else's pay. When you say problem is the 99%'s pay, you make it sound like they have only themselves to blame.
we can't all be harvard jewish billionaires.
Workers that are unhappy with their CEO’s pay should quit and find a place to work that aligns with what they think is fair. Nobody is making people work for these companies, and if you don’t work for that company, why do you care who makes what? jimcramer
No it’s CEO pay too..a FIRED CEO gets a 42 million dollar exit pkg, WELLS FARGO stole, committed fraud against its own customers & their CEO’s made biggest year end bonuses ever?
Defection ....
Jim the spread in pay is the problem.
Algo's expedited inequality. Wait til A.I. 🤓
Oh please Jim. 30-40 million pay packages for CEO’s. How much is that up from 20 years ago? The board of directors does anything the ceo wants him to.
In the 1950s, CEOs made 20 times the salary of his or her average worker
Worker pay is not increasing at the same rate as the cost of living is. Housing costs are skyrocketing and most people are lucky if they get a 1% pay increase each year.
Psycho-babble!!
Not always Jim...not always jimcramer Sometimes they're just pigs at the trough.
And also CEO pay. That's where a lot of all the other pays go to.
Trump scapegoats immigrants progressives scapegoat billionaires. No one looks in the mirror.
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