Why Are Wall Street CEOs Getting Richer and Richer?

At the expense of grossly underpaid, overworked employees

Ezinne Ukoha
7 min readSep 2, 2019

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Americans used to boast about the tagline of being “the most overworked country in the developed world,” and that pridefulness also shamed competitors for putting so much emphasis on “work balance,” and the relevancy of afternoon siestas with the month-long vacations that don’t have to be accrued.

But the growing sentiment in these present times of hostility from all sectors of structural dependency will undoubtedly succumb to the reality of how decades of corporate enslavement wasn’t at all worth the struggle and sacrifices to retain jobs that were poised to screw us over.

As summer winds down and the daily grind revs up for the remaining months of the year, the stress levels of most American househovollds in the dwindling category of “middle class,” will rise to new heights, thanks to the volatility of the markets that will lead to severe consequences for vulnerable employees.

Earlier this year, Jamie Dimon who is the over-paid CEO of JPMorgan Chase had the pleasure of a grueling session by the House Financial Services Committee, and the chilly temps were provided by Democratic Congresswoman Katie Porter, who became a viral sensation when clips depicting the righteous roasting of one of the devils of Wall Street elicited thunderous applause from gratified viewers.

Porter needed Dimon to astutely breakdown the notes he would give one of his lowly tellers at the bank that he bleeds dry with his inexplicably expensive bonus packages, when it comes to comfortably managing the requirements of a household that’s reliant on a monthly salary of $2,425.

The clip showcasing Dimon grasping at straws while trying to maintain a cool and calm demeanor during a tension-filled Q&A, basically exposes the tone-deaf approach that the powerful and mighty blissfully adopt as the copout for why there has been no attempt to fix the widening gap in pay between the…

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