Wednesday, January 19, 2011

Is Jamie Dimon of Chase Bank The Grinch who Stole Christmas, gliding down the mountain on his sleigh bringing food Stamps to the Villagers.


Chase Bank is in the business of doling out money to the ever growing millions of americans on food stamps. Chase Bank gets paid to do electronically stimulate the economy by the government. Chase Bank receives a little dab compensation for each customer that they electronically fund.

This reminds me of the Dr. Seuss Classic, "The Grinch who Stole Christmas, then gave it back" (Ok, I added the last part).
As much as I love The Grinch who Stole Christmas, and can watch it every year without hesitation, the bottom line is the Grinch is returning stuff he stole, and acting like a hero in need of compensation.
Ahem, welcome to Chase Bank, Where CHANGING TERMS ON low interest rate life of the loan credit card agreements from its customers who were never late on their payments, is a way of life.



Tuesday, January 4, 2011

Send your New Years Greetings Comment to Jamie Dimon via DealBook NY article.

lol, I've tried twice to post a message about Jamie Dimon on the Dealbook NY article written about him, but for some reason, DealBook NY won't print my message. But please, give it a try yourselves.

To be fair, DealBook NY has been very fair in printing my comments in the past, it's just the one below they seem to have a problem with.

My comment about Jamie Dimon that was not printed by Dealbook NY. (below)
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In Jamie Dimon's world, it's them vs us.

If Chase bank's success is built on buying established, profitable companies on the cheap while they are crashing and burning because of banksters cutting their already established and responsibly used credit lines, so be it.

If Chase Bank's success is built upon raising monthly minimum payments by 150% on over a million always pay on time credit card customers, even if it means disrupting the fragile economic condition of the elderly, cancer patients, and families just getting by, so be it.

If Chase Bank's success is built upon manipulating the credit card reform bill act so that OPT OUT is not an option for Chase Bank customers, so be it.

If Chase Bank can use parallel foreclosure to hasten the demise of home mortgage customers in need of a lower monthly payment, so be it.

If Chase Bank feels no fear because of the politicians they already have in their pockets, and that is what it takes to win, so be it.

If winning is about moving in on established enterprise and manipulating business conditions so that the enterprise can more easily be taken over, so be it.

Maybe that's why they are called Chase Bank, they chase their prey into exhaustion, and, nowadays, anybody is considered prey.