The 'Mad Money' host says executive pay can be 'a little crazy,' but he thinks J.P. Morgan's CEO deserves what he gets.
, should have said, "Shareholders have been rewarded, and therefore the board has rewarded me. I have created a lot of wealth for people in the stock, or my team has.""Yes, exactly right. I would've said that if I were him," Cramer said. "I would've said, 'Look I know you think that I may be overpaid but I do point out that others have shared in the wealth. I bought back stock at the right level; I got the earnings to be good.
"I could. Is that going to solve any of those problems?" said Dimon, who said earlier in the interview that he believes wealth inequality in the U.S. is a "huge problem." Dimon said he believes the way to reduce inequality is through a more equitable tax system, arguing that he would not have cut taxes on the rich, likely
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