
This is from the J.P. Morgan website.
J.P. Morgan has been helping its clients do business for more than 200 years. To describe our firm and our people we can find no better phrase than that of one of our founders: “at all times the idea of doing only first-class business, and that in a first-class way“.
First class business in a first class way.
Here is what Thomas Kelly, a spokesman for JPMorgan Chase, said about the $25 Billion that the firm was handed as part of the massive bailout when the AP asked; Where did the money go?.
“We’ve lent some of it. We’ve not lent some of it. We’ve not given any accounting of, ‘Here’s how we’re doing it,’” “We have not disclosed that to the public. We’re declining to.”
25 Billion of your dollars and we ain’t going to tell you what we did with it.
First class business in a first class way.
The height of arrogance.

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