Did JPMorgan, Deutsche and Goldman increase risk to increase pay?

28 April 2009

1 minute read

Did JPMorgan, Deutsche and Goldman increase risk to increase pay?

As noted yesterday, Q1 pay at most banks augers well for a generous 2009.

Interestingly, however, the graph below shows that three out of five banks (JP, Deutsche, and Goldman) appear to have increased pay in proportion with risk taking. Is this entirely coincidental?

VaRvspay

AUTHORSarah Butcher

Global Editor

Ma
MarryMeSarah
29 April 2009
'We are better off as friends.'... story of my life.
Ah, i guess it is better off that way. Two years ago I could have a given you a 3-carat VS1-clarity boodles ring on our engagement, but since my net worth has fallen ever so slightly with the demise of my ML (ahem, BofA) options, you'd be lucky to get as much as a packet of walkers crisps from me...
Boys like us just cant provide for a princess like you anymore... perhaps its time to set up elawyercareers.com, or god forbid, eaccountantcareers.com and find yourself someone worthwhile, somone with a Black Amex rather than a Natwest Solo. *Sniff Sniff*
Reply
Sa
Sarah, Editor, eFinancialCaree
29 April 2009
I am not sure that I want to marry you if I am only one of several webmasters you are pursuing. Nor am I convinced that having Henry as the marriage meister would be an auspicious start. We are better off as friends.
Reply
Ma
MarryMeSarah
29 April 2009
Dont be touched Sarah, be ecstatic, I only propose to webmasters once or twice a month.
Perhaps Henry could read us our vows?
So if its all agreed, where should I go ahead and book the reception for?
Reply
Sa
Sarah, Editor, eFinancialCaree
28 April 2009
The graph has now been amended thanks to the Excel skills of a reader. Sorry, I hadn't noticed that someone wanted to marry me. I am touched.
Reply
st
still@Lehman
28 April 2009
Madame Butcher - despite the liking for pink - i have to agree with MarryMeSarah - whose proposition you appear to have selectively ignored?
Reply