tag:blogger.com,1999:blog-8529580665294663953.post9198199230463793278..comments2023-10-27T04:26:57.609-07:00Comments on InvestorCentric: JPMorgan Creates Illusion Of ProfitsNuWire Investorhttp://www.blogger.com/profile/02512928198926080436noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8529580665294663953.post-24144506716520635052009-07-31T19:35:08.232-07:002009-07-31T19:35:08.232-07:00Was that anonymous comment directed towards me?
O...Was that anonymous comment directed towards me?<br /><br />Of course I understand how cash flow works.<br /><br />And I also understand that the banks have shut off local economies by acting like a two year old child yelling "mine" at anything they can grab a hold of.<br /><br />Clearly now is the time to LET GO of the INTEREST CHARGES ON THE ONE TRILLION DOLLARS OF CONSUMER CREDIT CARD DEBT as long as customers are paying down that debt.<br /><br />If you don't understand such a basic principle, then you might just be a delusional banker who thinks the world exists for their pleasure.<br /><br /><a href="http://daily-protest.blogspot.com/2009/07/chase-banks-2-to-5-monthly-minimum.html" rel="nofollow">CONSUMERS to lose 100 MILLION to 1 BILLION DOLLARS A MONTH BECAUSE OF CHASE BANK'S RAISE IN THE MONTHLY MINIMUM PAYMENT ON LOW INTEREST CREDIT CARDS.</a><br /><br /><a href="http://www.daily-protest.com" rel="nofollow">Daily-PROTEST.com</a><br /><br /><a href="http://www.bloggersagainstchasebank.com" rel="nofollow">BLOGGERS AGAINST CHASE BANK.com</a><br /><br /><a href="http://www.givemebackmycredit.com/blog/2009/06/jpmorgan-chase-and-wamu-face-m.html" rel="nofollow">Chase BANK SUED FOR FREEZING HOME EQUITY LINES.</a><br /><br /><a href="http://dailypuma.blogspot.com/2009/07/credit-card-companies-me-first-approach.html" rel="nofollow">CREDIT CARD COMPANIES ME FIRST AGENDA IS CAUSING SOME STATES SERIOUS FINANCIAL LOSSES.</a><br /><br /><a href="http://www.consumeraffairs.com/credit_cards/chase_credit_cards.html" rel="nofollow">OVER ONE THOUSANDS LETTERS OF FEAR AND LOATHING AGAINST CHASE BANK IN LESS THAN 3 MONTHS AT CONSUMER AFFAIRS DOT ORG.</a><br /><br /><a href="http://www.changeinterms.com" rel="nofollow">ChangeinTerms.com</a>Alessandro Machihttps://www.blogger.com/profile/06316327488702524564noreply@blogger.comtag:blogger.com,1999:blog-8529580665294663953.post-29229182944607581052009-07-20T20:25:11.289-07:002009-07-20T20:25:11.289-07:00If you don't understand how loans are valuated...If you don't understand how loans are valuated, shut up and don't pretend you understand the concept of cashflow!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8529580665294663953.post-78914993778279900942009-07-20T10:40:29.764-07:002009-07-20T10:40:29.764-07:00I posted a similar find on one of my blogs. The B...I posted a similar find on one of my blogs. The Burning Platform dot com did as well. Even the AP ran a story with a very similar first paragraph to my own article, and their story came out 7 hours later.<br /><br />The bottom line is, people are not coming first under the Barack Obama administration, and I certainly don't want the republicans back in either when they don't have the guts to stand up to their friends in the banking industry.<br /><br />Forget the Tea Party protests, for now, and instead focus on getting Chase Bank back under control of actual human beings.<br /><br />Tea Party Protests are primarily Republican backed and are actually a slap in the face to 2 million Chase Bank customers who are being hit with a 2% up to 5% increase in their monthly minimum payment.<br /><br />I don't disagree with the Tea Party Protests, I disagree with the TIMING of them. Right here, right now, Chase Bank is the enemy.<br /><br />Chase Bank has done three very evil things at the worst possible time, they have cut home equity lines to well below fair market valuation, they have raised interest rates on most of their cards and have put two million customers in danger by raising their monthly minimum payment on low interest loans that were being paid down on time every month, and banks will not take collateral backed loans.<br /><br />These three actions are bent on obliterating the average american that used sweat equity to build up home equity in their homes over the past couple of decades.<br /><br /><a href="http://daily-protest.blogspot.com/2009/07/chase-banks-2-to-5-monthly-minimum.html" rel="nofollow">CONSUMERS to lose 100 MILLION to 1 BILLION DOLLARS A MONTH BECAUSE OF CHASE BANK'S RAISE IN THE MONTHLY MINIMUM PAYMENT ON LOW INTEREST CREDIT CARDS.</a><br /><br /><a href="http://www.daily-protest.com" rel="nofollow">Daily-PROTEST.com</a><br /><br /><a href="http://www.bloggersagainstchasebank.com" rel="nofollow">BLOGGERS AGAINST CHASE BANK.com</a><br /><br /><a href="http://www.changeinterms.com" rel="nofollow">ChangeinTerms.com</a><br /><br /><a href="http://dailypuma.blogspot.com/2009/07/credit-card-companies-me-first-approach.html" rel="nofollow">CREDIT CARD COMPANIES ME FIRST AGENDA IS CAUSING SOME STATES SERIOUS FINANCIAL LOSSES.</a><br /><br /><a href="http://www.consumeraffairs.com/credit_cards/chase_credit_cards.html" rel="nofollow">OVER ONE THOUSANDS LETTERS OF FEAR AND LOATHING AGAINST CHASE BANK IN LESS THAN 3 MONTHS AT CONSUMER AFFAIRS DOT ORG.</a><br /><br /><a href="http://www.givemebackmycredit.com/blog/2009/06/jpmorgan-chase-and-wamu-face-m.html" rel="nofollow">Chase BANK SUED FOR FREEZING HOME EQUITY LINES.</a><br /><br /><a href="http://www.bday.co.za/articles/Content.aspx?id=75569" rel="nofollow">Jamie Dimon's Competence Called into Question by John Kay.</a><br /><br />It has been said of CE of JPMorgan Chase, Jamie Dimon (who does not have a banking qualification), that his dominance exists because at every meeting all the participants know that he could do each of their jobs better than they could. But the business world cannot operate at all if it can operate only with individuals of the calibre of Dimon. --John KayAlessandro Machihttps://www.blogger.com/profile/06316327488702524564noreply@blogger.com