In the Financial Times today:



Jamie Dimon underlined Wall Street’s return to health after the financial crisis by collecting a $5m bonus – his first cash pay-out in three years – as part of a $23m pay package for leading JPMorgan Chase during 2010. Mr Dimon’s pay, revealed in a regulatory filing on Thursday, is a 51 per cent increase on the $15.2m in cash and shares he earned for 2009 and comes after a year that saw JPMorgan’s profits rise 47 per cent to a record $17.4bn.[emphasis added]

He's not the only one, of course:



After weathering a political storm over pay following the crisis, several US financial groups have resumed paying multimillion dollar cash bonuses to their top executives. At Goldman Sachs, Lloyd Blankfein, chief executive, received $18.6m in total compensation for 2010, including a $5.4m cash bonus, his first since 2007. John Stumpf, the Wells Fargo chief, got a $3.3m cash bonus.

And it's not only the Wall Street pirates. The auto execs are at the trough too:

Ford Motor Co. paid Chief Executive Alan Mulally more than $26.5 million in salary and stock compensation last year, an amount likely to become a hot-button union issue during labor negotiations later this year. Mr. Mulally received $1.4 million in salary and $9.45 million in a cash bonus as part of his compensation package, the company said Friday. Executive Chairman William Clay Ford Jr. also received total compensation of $26.5 million, which included a salary of $1.4 million and a cash bonus of $2.7 million. Ford also disclosed that Americas President Mark Fields received 2010 total compensation of $8.82 million, while Chief Financial Officer Lewis Booth was paid $8.20 million and manufacturing executive vice president John Fleming received $5.92 million.

Recall that Ford auto workers got a $5,000 bonus in March--a pittance compared to the windfall given the executives--and after auto WORKERS have taken massive concessions over the past twenty years. Since 2005, auto workers have given up somewhere between $7,000 to $30,000 (depending on car company and seniority).

Let's sum up the picture. Millions of people still can't get work, and when they find a job, it's at a pathetic wage with no benefits.

In the corporate suite, the party is on again--and the robbery of America continues.