Bank CEO Jamie Smith gets $ 23 million bonus package despite the bank 's $ 2 billion loss . Ingo Walter and Jennifer Carpenter : Real concern should not be level of executive pay . They say bank shareholders and employees have incentives to take risks to make more money . Focus on changing risk incentives rather than amount of pay , the authors say .
JPMorgan CEO Jamie Dimon gets $ 23 million pay package despite the bank 's $ 2 billion loss . Ingo Walter and Jennifer Carpenter : Real concern should not be level of executive pay . They say bank shareholders and employees have incentives to take risks to make more money . Focus on changing risk incentives rather than amount of pay , the writers say .