Tag Archives | JP Morgan Chase

Chase Bank Rigs Online Fundraising Contest?

More shenanigans from our beloved mega-banks, concerning this Facebook contest : J_P_Morgan via the NY Times
JPMorgan Chase & Company is coming under fire for the way it conducted an online contest to award millions of dollars to 100 charities. At least three nonprofit groups — Students for Sensible Drug Policy, the Marijuana Policy Project and an anti-abortion group, Justice for All— say they believe that Chase disqualified them over concerns about associating its name with their missions. The groups say that until Chase made changes to the contest, they appeared to be among the top 100 vote-getters. “They never gave us any indication that there was any problem with our organization qualifying,” said Micah Daigle, executive director of Students for Sensible Drug Policy. “Now they’re completely stonewalling me.” Three days before the contest ended, Chase stopped giving participants access to voting information, and it has not made public the vote tallies of the winners. “This is a problem of accountability,” said David Lee, executive director of Justice for All. “Simply publish the votes and let us see that the 100 organizations named as winners won.”
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Silver, But No Silver Lining

By Robert Singer

The end of our consumer society is on the horizon, which should be no surprise to anyone who took Economics 101. Do we really expect to spend our way out of this mess by buying and selling each other useless cheap stuff from China?

As the financial collapse gathers steam, gold and silver oracles like Butler, Friedman, Morgan and Turk who have been predicting for years the launch of the price of silver to the moon will see their prophecy fulfilled, but a celebration is not in order.

Being wealthy during the last 60 years of unprecedented prosperity at the expense of the Third World and the environment is one thing, but profiting from a bull market in silver when millions of hungry Americans are living in tent-cities next door is quite another.

A default at the Comex that will ignite the explosion in the price of silver and gold is in progress.… Read the rest

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