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Hello from New York, where I spent the morning at JPMorgan Chase’s annual shareholder meeting. It was a packed event. After a year of financial turmoil, from which Chase has emerged as the biggest US bank, people lined up to alternately express their confidence in CEO Jamie Dimon, or to slam the bank for profiteering [...]
Continue reading...Monday, February 22, 2010
Last Thursday, Rainforest Action Network along with several online allies including 350.org, Greenpeace, the Sierra Club, the Waterkeeper Alliance, the Ruckus Society and others re-branded JP Morgan Chase in social media networks as being the largest U.S. funder of mountaintop removal [which is also the truth, BTW]. In the days before, the re-branding of Chase [...]
Continue reading...Wednesday, February 17, 2010
JP Morgan Chase is the biggest U.S. financier of mountaintop removal. They have financial relationships with the poster child of mountaintop removal, Massey Energy. That means their money is funds sludge impoundments like Brushy Fork which is currently holding 7 billion gallons of coal waste above the Coal River Valley. Their money funds the dragline [...]
Continue reading...Wednesday, February 10, 2010
In the last couple of weeks a slew of articles have come out announcing last year’s earnings for some of our favorite CEO’s. • JP Morgan Chase’s CEO Jamie Dimon received a bonus of over $16 million ; • General Mills Inc. chairman and CEO Ken Powell received $13.4 million in compensation, up 105 percent [...]
Continue reading...Tuesday, February 9, 2010
Its easy to hate banks. From the vicious and predatory Mr. Potter in Its a Wonderful Life to the detached George Banks in Mary Poppins, bankers in TV and movies regularly play the role of cold, calculating penny-pincher who cares more about profit than people. Or the community. Or the environment. Or anything, really. There’s [...]
Continue reading...Monday, October 26, 2009
More and more people are demanding that JPMorgan Chase stop financing the coal industry and the destruction of Appalachia through mountaintop removal coal mining. Earlier this month, Bill McKibben sent a letter to JPMorgan Chase CEO Jamie Dimon and this week, Gloria Reuben, actress, singer and social activist, sent her letter – posted below. Ms. [...]
Continue reading...Monday, October 26, 2009
New Yorkers and those nearby! Join us this Thursday, October 29th to tell JP Morgan Chase to stop funding mountaintop removal coal mining! JP Morgan Chase is the biggest financier of the devastating practice of MTR – and even funds Massey Energy, the company that has started blasting Coal River Mountain in West Virgina this [...]
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Tuesday, May 18, 2010
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