On Monday, someone in Chase Banking’s social media department decided to send out a Monday morning Tweet (that has since been deleted) chastising American consumers for not being smart with their money. This was a surreal thing for the company to say out loud, considering it was given tens of billions of dollars in taxpayer bailout money back in 2009. Sen. Elizabeth Warren made sure to give this special piece of hypocrisy the signal boost is deserved.
JP Morgan Chase very quickly deleted the tweet, replacing it later on with this anemic promise.
This is the second time in as many weeks that JP Morgan Chase has made headlines for its tone deaf greed. A couple of weeks ago, JP Morgan Chase CEO Jamie Dimon embarrassed himself when he could not sufficiently answer Democratic Rep. Katie Porter’s questions concerning the meager wages his company pays entry-level employees.