Thread: JP Morgan Chase & Co
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June 23rd, 2011, 11:23 AM #1
JP Morgan Chase & Co
Well the one big bank who essentially came through the financial meltdown is now facing the music. Questions have been brought up related to the JP Morgan Chase & Co. CEO Mr Dimon. Will he continue to be a force in the financial world or will the outcome of the present J.P. Morgan's $154 million settlement with the Securities and Exchange Commission stemming from allegedly misleading investors in collateralized debt obligations underscores how even the most squeaky-clean Wall Street banks succumbed to industry pressure to juice earnings through questionable practices. Where will he land after the fall out? Is this slight indiscretion to be overlooked or...? The Wall Street Journal on line today questions his future?
Hmm... and we need to give away more tax money to the elite as they know better than the average person...? Hmm...!
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September 1st, 2011, 05:15 PM #2
Re: JP Morgan Chase & Co
Chase keeps sending me mail offers to get $150 upon opening a checking account. Tempting.
I read the fine print today to find monthly fees consist on eligible accounts, $10-$15 a month.
Oh yeah, my credit union will never charge checking fees.
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September 1st, 2011, 06:37 PM #3
Member
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- May 2010
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Re: JP Morgan Chase & Co
Yeah but if you meet the minimum balance requirement then you dont have to worry about it. I took advantage of the offer. Its like free money. I would totally go for it.
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September 15th, 2011, 12:04 PM #4
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Re: JP Morgan Chase & Co
I have had a checking account with JP Morgan (Chase) since June 2009. While I have enjoyed the rewards points program that comes with the account ( I made a donation for the disasters in Japan by converting my points into a $25.00 check for Red Cross), it takes way too long for them to credit a deposit. Sometimes, I have to wait almost a week before the funds are available, plus if I don't have direct deposits or at least five debit transactions, I am charged a $6.00 a month fee. After recently opening a checking account with Bank of America, it was a pleasant surprise to discover they have a faster turnaround time and I have use of the money the same day I make the deposit. Of course, in order to avoid the $8.95 a month fee, the account is "self-serve", meaning ATM or internet access free of charge. However, I do most, if not all, of my banking via the internet anyway , so meeting that requirement is no problem. See ya later, Chase.
Last edited by JELOPEZ88; September 15th, 2011 at 12:06 PM. Reason: Additional reasons
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