JPMorganChase Luncheon 11 03 2011: Difference between revisions

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| purpose = Jamie Dimon, the CEO of JPMorganChase is coming to town, protest the practices of this bank.
| purpose = Jamie Dimon, the CEO of JPMorganChase is coming to town, protest the practices of this bank.
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| image =  
| other details =  
| other details = <nowiki/>
[[JamieDimonAction|Seattle's similar action]]
 
{{:JP Morgan Chase Concerns}}
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see also: [[JamieDimonAction]]

Revision as of 23:59, 2 November 2011

JPMorganChase Luncheon

or return to the events page.

Purpose

Jamie Dimon, the CEO of JPMorganChase is coming to town, protest the practices of this bank.

Other details
Seattle's similar action

The following is a list of concerns from Occupy Portland.

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

  1. ↑ http://www.opensecrets.org/industries/contrib.php?ind=f03&cycle=2010
  2. ↑ http://nomiprins.squarespace.com/storage/bailouttallyoct2010.pdf
  3. ↑ http://in.reuters.com/article/2009/02/26/idINIndia-38235920090226
  4. ↑ http://www.huffingtonpost.com/2011/07/14/jpmorgan-chase-profit-earnings-mortgage-foreclosures_n_898322.html
  5. ↑ http://www.glassdoor.com/Hourly-Pay/JPMorgan-Chase-Bank-Teller-Hourly-Pay-E145_D_KO15,26.htm
  6. ↑ http://www.bls.gov/oes/current/oes433071.htm
  7. ↑ http://www.reuters.com/article/2011/04/08/us-jpmorgan-idUSTRE73681B20110408

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

Occupy Portland


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