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JP Morgan Chase Gets Asked of Predatory Lending & Even Tony Blair, Cancels Q&A

By Matthew Russell Lee

UNITED NATIONS, November 13, updated -- It was back on November 6 that JP Morgan Chase started teasing a November 14 Twitter Q&A by an unnamed executive, urging that questions be posed using the hashtag #AskJPM.

  The foreseeable push-back didn't begin then. But the day before answers were promised, the hubris of bailed-out predatory lender JPM Chase believing it could launder itself through social media was brought to light.

  And so the questioning began, ranging from "Can I have my home back?" through "Do you own anything you didn't steal?" Inner City Press' UN-focused following up, "Does Tony Blair still work for, or get paid by, JPMorgan Chase? For what, exactly?"

  (Blair, alongside being the UN Quartet's representative on Palestine and Israel, took a job with JPMorgan Chase among others, and refused in the UN to answer Inner City Press' questions about the conflict of interest.)

  After much mocking, @JPMorgan called it off: "Tomorrow's Q&A is canceled. Bad Idea. Back to the drawing board."

  Such is the level of righteous anger, after the predatory lending, after the bail-outs. But that's among people -- in Congress, the wheels being greased, JPMorgan and Citigroup have already rehabilitated their image. That's what made them blind. Watch this site.

Footnote: Returning to a UN perspective, what would happen if the UN in Haiti asked people what they thought, after Secretary General Ban Ki-moon deemed all cholera claims "not receivable"? This is why large parts of the UN system not only never promise to answer questions -- they never do. They communicate one-way. But social media questions should be answered...

Update: it's reported that two-thirds of the 80,000 #AskJPM tweets were negatives. So who WERE those other one-third?


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