JP Morgan Chase Concerns
The following list of concerns is from an Occupy Portland Flyer
Chase Profits white the 99% struggle:
- JPM ’08 & ’10 campaign contributions: $9.7 million
- JPM bailout & backstop funds: $95.7 billion
- After the bailout, JPM laid off: 14,000 workers
- 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
- JPM Median bank teller wage: ~22,000/year
- 2010 CEO Jamie Dimon’s pay: $20.8 million (893 times a bank teller’s median wage)
- Effective tax rate in 2008 -33.4% ( Your tax dollars are at work propping up JPM )