J-P Morgan's multi-billion dollar trading loss will hit its C-E-O in the wallet.
The bank slashed Jamie Dimon's salary and bonus by 53-percent.
J-P Morgan lost more than six billion dollars when a trader nicknamed the "London Whale" made a bad bet on credit derivatives.
The bank's board ruled that ultimately Dimon was responsible
He will still walk away with a nice salary, 11-point-5 million dollars, including a 10-million dollar bonus.