Thursday, February 9, 2012

JPMorgan Honors MLK for PR Campaign by Foreclosing on Civil Rights Hero

The Morgue is making every effort to make the sheople hate it as much as silver investors do.
To celebrate the Grand Finale of JPM Chase's PR campaign reaching out to African American communities to 'fulfill' the vision of MLK, The Morgue has denied civil rights hero Helen Bailey's request for a $9,000 principle reduction so Ms. Bailey could refinance with another lender who had agreed to allow her to live in her house for the rest of her life.  JPM will instead foreclose on Ms. Bailey.  Yup, foreclosing on Civil Rights Heros is definitely fulfilling the dream- just happens to be Mr. Dimon and JPM Chase's dream, not Martin Luther King's.

JPMorgan Chase, like their competitors, has been attempting to improve their public image with an American public who blames them for the recession. In order to show their commitment to some of the hardest hit segments of economy, JPMorgan Chase has reached out to African-American communities across the U.S. by starting a public relations campaign to help “fulfill” the “vision” of Martin Luther King Jr. to coincides with Black History Month.
Now that campaign is turning into a public relations nightmare for the banking behemoth. Chase is now threatening to foreclose on 78-year old, Helen Bailey, a former Nashville area Civil Rights activist who stood up to police attack dogs, tear gas and fire hoses for her God given rights.
Ms. Bailey couldn’t keep up with her mottgage payments and attempted to refinance with another mortgage company and would work with her to let her stay in her home until she died. The only thing she asked from Chase was a $9000 principal write down.
Chase refused and now are threatening to foreclose and evict this hero of one of the darkest times of American history

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h/t to Jesse's Cafe for uncovering the story