Dylan Ratigan on JPMorgan Chase foreclosing on U.S. active duty service personnel. Nobody at JPMorgan cared to listen. JPMorgan Chase admitted overcharging thousands of military families for the mortgages, including families of troops in combat overseas.
JPMorgan Chase's business principles include:
- Operate with the highest standards of integrity
- Be open and honest with ourselves, our colleagues, our shareholders and our communities
- Foster an environment of respect and inclusiveness
"You know, keep in mind, though there are a lot of banks that are actually pretty well managed, JPMorgan being a good example, Jamie Dimon, the CEO there, I don't think should be punished for doing a pretty good job managing an enormous portfolio."
Jamie Dimon, chairman and CEO of JPMorgan Chase is a member of the Federal Reserve Bank of New York's Board of Directors and was one of the thirteen members of The Business Council to meet with President Obama.
Finally. let's not forget, Jamie Dimon in an era of To Big To Fail (while getting bigger), with the assistance of the U.S. Federal Government, acquired Bear Stearns and Washington Mutual.
t's really nice having friends in high places. Yes, this is the same organization that admitted overcharging thousands of military families for the mortgages, including families of troops in combat overseas. Oh, before I forget, while many active duty service personnel are dodging bullets and IED's, JPMorgan Chase just reported a $4.8 billion in 4th Quarter profits.