Via AmericaBlog: Bank CEO pay increased 36%

It never stops with this crowd. Enough is never enough and political leaders are afraid of any real change that might protect the rest of the country from these bandits.

Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.

Two of the industry’s biggest names – Jamie Dimon, the JPMorgan Chase chief executive, and Goldman Sachs’ Lloyd Blankfein – were paid more than 15 times their 2009 earnings.

Mr Dimon received nearly $21 million in 2010, topping the FT’s survey of the salary and bonus packages awarded to 15 top bankers. Mr Blankfein earned $14.1 million, including a $5.4 million cash bonus – up from $863,000 in 2009.