JP Morgan Chase Concerns: Difference between revisions

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* After the bailout, JPM laid off: 14,000 workers<ref>http://in.reuters.com/article/2009/02/26/idINIndia-38235920090226</ref>
* After the bailout, JPM laid off: 14,000 workers<ref>http://in.reuters.com/article/2009/02/26/idINIndia-38235920090226</ref>
* JPM raised your bank fees: +249.5%
* JPM raised your bank fees: +249.5%
* JPM Profits for 1996-2010: $153.5 billion
* JPM Profits for the 3rd quarter of 2011: $4.26 billion<ref>http://www.huffingtonpost.com/2011/07/14/jpmorgan-chase-profit-earnings-mortgage-foreclosures_n_898322.html</ref>
* JPM Profits for the 3rd quarter of 2011: $4.26 billion
* JPM Median bank teller wage: ~24,000/year<ref>http://www.glassdoor.com/Hourly-Pay/JPMorgan-Chase-Bank-Teller-Hourly-Pay-E145_D_KO15,26.htm</ref><ref>http://www.bls.gov/oes/current/oes433071.htm</ref>
* JPM Median bank teller wage: ~22,000/year
* 2010 CEO Jamie Dimon’s pay: $20.8 million<ref>http://www.reuters.com/article/2011/04/08/us-jpmorgan-idUSTRE73681B20110408</ref> (893 times a bank teller’s median wage)
* 2010 CEO Jamie Dimon’s pay: $20.8 million<ref>http://www.reuters.com/article/2011/04/08/us-jpmorgan-idUSTRE73681B20110408</ref> (893 times a bank teller’s median wage)
* Effective tax rate in 2008 -33.4%  ( Your tax dollars are at work propping up JPM )
* Effective tax rate in 2008 -33.4%  ( Your tax dollars are at work propping up JPM )

Revision as of 23:34, 2 November 2011

The following list of concerns is from an Occupy Portland Flyer

Chase Profits white the 99% struggle
  • JPM ’08 & ’10 campaign contributions: $6.2 million[1]
  • JPM bailout and backstop funds: $95.7 billion[2]
  • After the bailout, JPM laid off: 14,000 workers[3]
  • JPM raised your bank fees: +249.5%
  • JPM Profits for the 3rd quarter of 2011: $4.26 billion[4]
  • JPM Median bank teller wage: ~24,000/year[5][6]
  • 2010 CEO Jamie Dimon’s pay: $20.8 million[7] (893 times a bank teller’s median wage)
  • Effective tax rate in 2008 -33.4% ( Your tax dollars are at work propping up JPM )


References

see also: http://www.seiu.org/a/profilechase.php

Occupy Portland