D'oh! Directors at J.P. Morgan Chase & Co. and Citigroup Inc.
are wrestling with new approaches to executive compensation, in a bid to
respond to a series of management miscues this year, said people close to the
institutions.
At J.P. Morgan, the biggest U.S. bank by assets, directors
are considering lower 2012 bonuses for Chief Executive James Dimon and other
top executives in the wake of a multibillion-dollar trading disaster, said
people close to the discussions. But they also are grappling with the question
of how to do that without drastically reducing the executives' take-home pay,
the people told the WSJ…..
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