Exclusive report

JPMorgan’s epic fail on Twitter #AskJPM

jp morgan

JPMorgan canceled a question-and-answer session on Twitter Wednesday after receiving a barrage of critical questions skewering the multinational banking company for legal problems, foreclosure practices, and other ethical transgressions.

Starting at least since last week, JPMorgan, the investment and services portion of financial behemoth JPMorgan Chase & Co, asked followers and others on Twitter to send questions about the bank’s operations for veteran investment banker and company vice chairman Jimmy Lee using the hashtag #AskJPM ahead of the planned Thursday session.

JPMorgan tweet #AskJPM

Few had used the hashtag until Wednesday afternoon, after JPMorgan sent a follow-up tweet on Tuesday promoting the event.

JPMorgan twitter #AskJPM

After the reminder tweet, the floodgates opened. Questions – or, often, heckling – ranged from highly critical of the bank’s practices to complete non sequiturs. Company CEO Jamie Dimon was a particularly popular target among the taunters. Twitter users also criticized the bank’s billions of dollars of fines to mortgage regulators and its connection to low quality mortgage securities tied to the 2008 financial crisis.

Among the “questions” posed to JPMorgan:

#AskJPM twitter JPMorgan#AskJPM twitter JPMorgan#AskJPM twitter JPMorgan

JPMorgan cut its losses and canceled the Thursday Q&A on Wednesday evening.

twitter JPMorgan #AskJPM

The tweet barrage inspired a dramatic reading of some of the tweets by actor Stacy Keach.

Following the cancellation, David Dayen, a longtime progressive blogger, announced he would – tongue in cheek – answer #AskJPM questions in place of JPMorgan.

Twitter fail JPMorganTwitter fail JPMorgan

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Source: http://rt.com/usa/jpmorgan-twitter-q&a-canceled-745/


2 comments

  1. U should see some of the many tweets, including original artwork on each one, sent in by William Banzaii, who does such great satirical artwork of the bankers and politicians, View them at zerohedge.com, about halfway down the 50 or so comments.
    http://www.zerohedge.com/contributed/2013-11-14/red-queen#comments

  2. People should not be mad… Weren’t they the ones keen on borrowing money they cant repay and the banks make sure they cant by adding interest so that they can take assets that are worth something. #bittersweet

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