JP Morgan Chase Promises Don’t Match Its Real Life Actions
This video was aired on February 11, 2009 Live from Capitol Hill. Watch what JP Morgan Chase Chairman and CEO Jamie Dimon told House Financial Services Committee about the bank’s readiness to stabilize the American economy. Mr. CEO was so enthusiastic! Did you see his earnings in just one year: cool $28 millions. Not bad, for the first in business worldwide. The question is: What he’ll do do with all that money?
Now is your time to wonder. Does JP Morgan Chase keep its promises? Thousands of bank customers complain that Chase caused a lot of trouble to the middle class American families. They loose their homes because this bank doesn’t help, but only promises to open new Chase Homeownership Centers across the country The bank tells nice stories that these centers will “reflect the bank’s commitment to helping families stay in their homes whenever possible.”
Now is the end of 2009. Where are these new centers? Do you know that Chase existing Home Mortgage Centers were evaluated by Better Business Bureau and got grade F. Any business with grade F cannot be professional and helpful. Any school student will have to repeat the same year, but a college student will simply be thrown out before he even decide to drop out. Chase Home Mortgage Centers activity is graded so low, but they are not thrown out from the financial business. JP Morgan Chase is so powerful and arrogant that there is no force to be found to throw this “F Student” from its pedestal on the mortgage business.
BREAKING NEWS: Try to call any Chase home mortgage center!!! You’ll not find any soul alive! Just message to live a message!!!
However, this bank sounds and reads so much optimistic with loud hype on its site that “they” are on your side. What a pity for all us, consumers! Chase possesses and makes lots and lots of money… in bad economy, at your expense. Why should this institution be worried about you?
Chase’s one worry is to make more money by any means. Good morals there are not existing. In common sense, if the bank is so fortunate financialy, it should show good face to those who are less fortunate, isn’t it? So, it shows, in its own way…
– Chase continues its skillful games with the struggling customers by invitating them to visit Chase’s Homeownership Centers (the same Chase Home Mortgage Centers with grade F !). (True!False?) Don’t hurry to call, no one will answer!!! If you are lucky enough somebody will answer… from Costa Rica… But they don’t speak English there, don’t you know that? So, you’ll have to make an effort to speak in Spanish! Such a joke!
– Chase promises “to focus exclusively on helping avoid foreclosures, and meet face to face with loan advisors to talk about their situation. Then the advisors will help determine whether you qualify for a “Making Home Affordable” modification, a Chase modification or another program that could help you stay in your home.” (True? False!)
–”We also have literally thousands of loan advisors available by telephone to help you. So, whether you work with us by phone or in person, your advisor will have time hust for you.” (True? False!)
RESULTS: JP Morgan Chase promises don’t match its real life actions. When this bank we’ll start its commitment to their customers, middle class American families? This question is still remains open.
References: www.youtube.com/bloomberg; www.chase.com
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