Chase gets roasted for tone-deaf money advice after their $12 billion bailout
Wednesday, 12 Mar 2025
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Juat remember, BP (British Petroleum) coined the term “carbon footprint” to shift blame for climate change onto consumers.
Being poor is expensive. If you cannot buy high quality durable goods you’ll have to buy cheaper and replace more often, if you cannot afford a home you have to pay rent every month, cannot afford a coffee machine? You’ll have to buy from somewhere. Not to mention you don’t have the leeway to sit on assets, stocks or currency and just wait for the market to change.
The system is a vicious cycle. The poor get poorer, the rich get richer, anything else is a one in a million exception, and It will get plastered on the news to keep you thinking Its normalcy. Hard work hardly works.
How many government bailouts before companies stop wasting their money on takeout?
Chase CEO probably a bit nervous right about now.
Did Chase really try to get sassy like that? Whoever runs their PR has no clue what they’re doing
Used to work for Chase Bank before I joined the Army. I worked in their EBT department. Did you know that Chase bank handles EBT, WIC, ETC for quite a few states. The bank found every way to nickel and dime these folks with fees. It was the most soul sucking job of my life.
I’m pretty sure what’s holding us average people back is that forced redistribution of wealth is unfortunately pretty frowned upon nowadays, not buying takeout from time to time
Try living on just 2x what is consider a reasonable income
Lmao imagine lecturing people on saving money when your bank literally got bailed out with OUR taxes.
>eat the food that’s already in your fridge.
Where do I get one of them magic fridges where unpurchased food just appears?
Did Chase really need a bail out? Im reading it was more of a win win situation for both parties
lol imagine getting a $12 billion bailout and still telling people to skip their morning coffee to save money
A rich CEO? hunt him down
lol, typical. how can they give money advice when they just got bailed out with billions? kinda missing the point
Just 🤯
Strive to be better. There’s tens of thousands of well paying jobs available. What’s your specialty?
The money was repaid to the federal government, plus interest. The taxpayers made money on the deal.
This screenshot is so old
Me: no job
A company that took days to figure out a money glitch that went on for a good few days, losing millions should be quiet
Haha how about them over draft fees right… ya know when they charge you to move money from one of your accounts to the other or give you a little leeway when paying for things and then tac on an extra $30-$50 for the “convenience”
Fuck these companies
True that
OK so what’s public citizen’s point?
Paying it’s CEO and receiving a 12 billion bail out doesn’t make the bank’s advice any less true.
Don’t forget about the huge savings from tax reform they benefited from. I was at Citibank when they were able to save $40+ billion in future taxes.
Perhaps that NYC assassin can help us
This display of outright contempt for their own customers is why I will never open a Chase account.
Over leveraged due to bad policy, not bad practices. Also, paid back bailout with interest. USA made money helping them so not the roast one may think it is
If I had a nickel for every time this was reposted, I could afford all the avocado toast I could ever want
Wouldn’t banks want you to spend all your money so you borrow more?
Employees should have a 50% share in voting weight vs 100% the public share
Another bailout? This is the second one in 16 years.
This has been reposted to death. It’s least 5 years old.
Sounds like we need a bat-signal but for the claims adjuster. I mean really he did all we could ask him for and shouldn’t be responsible to be the vigilante many of us want. It’s a big ask. But if any copycats pop up it sounds like the CEO of Chase might just be on a list
it’s weird how the people who run Banks and the people who run insurance companies make all sorts of millions of dollars off of people getting robbed for money they don’t even have. like overdraft fees where billions were made during covid on money people literally didn’t have. More money for surgery that people don’t have but pay insurance for. In both of these industries is a bipartisan opinion that we are all getting robbed. Well it’s a literal fact but the media hasn’t been able to sway one side or the other against so we are in agreement that we are all getting robbed. I wonder how long till the bank CEOs and executives start taking their info off their websites just like the health insurance websites have done. Tick tock tick tock tick tock. With all these billionaires getting ready to take over the government is going to be interesting times. the ability for the media to keep us divided might just lose its power after the blatantness and abrupt take over by the bourgeoisie
Best part is Chase will use some of that bailout money to make sure that any news about their bailout is squashed 😀
Companies trying to meme is always lame as fuck. Stop trying to steal our culture!
Wild how they expect people to work a full time job and possibly a side hustle and trying to convince us that it’s perfectly normal to still not even be able to afford a cup of coffee or a shitty fast food meal.
Meanwhile these same people grew up in an era where a single full-time job could support a family as well as own a house and a vehicle
JPMorgan was forced by the government to take a bailout (loan) they didn’t request or want and quickly paid it back with interest.
Get rid of this corporate welfare already!
maybe take ur own advice after begging for billions lmaooo
They paid the government back in 2009 with $795M in interest. JPM wasn’t responsible for the financial crisis but they were affected like everyone else.
This meme is misleading. Chase didn’t crash the economy, nor did it receive a “bailout” in the way this meme implies.
In 2008, Bear Stearns began collapsing, threatening further economic damage. Chase stepped in and bought Bear Stearns in a deal orchestrated by the U.S. government to stabilize the situation. The so-called “bailout” wasn’t for Chase—it was Chase acquiring Bear Stearns to prevent its collapse from worsening the crisis.
Fair enough but they repaid their bailout within a year.
Don’t forget they took that $$$ and gave bonuses to all it’s executives and so on! Fuck this country
This is not a political sub, please shut the fuck up