Normally bank workers and customers are called into meetings with the bank to get a telling off or to get their accounts into shape, but this week the tables are being turned on JPMorgan Chase CEO Jamie Dimon. Bank staff are running an online campaign where ordinary customers can request a meeting with the CEO to discuss the damage he and the bank are doing in the United States. And the facts speak for themselves: • In 2009 the bank charged its customers $7 billion in fees, more than 60% of their total profit.
JPMorgan Chase is directly responsible for at least 22,852 layoffs since the American recession began. As of July, JPMorgan Chase held over 215,000 mortgages headed for foreclosure. As Service Employees International Union spokesperson Mike Garcia says, “Here in my home state of California, Chase’s stranglehold on the economy is everywhere. They’ve kicked California families out of their homes. They’ve laid off workers when times are already tough. They’ve sucked millions of our tax dollars out of our communities that so desperately need it. And it’s a similar story across the USA.” Maybe its time to start requesting meetings here to talk about sales targets, understaffing, offshoring, pay……….
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