JP Morgan Chase Concerns

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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

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

Occupy Portland