JPMorgan’s Racist Practices Exposed In Bombshell Secret Recording

[mson]

Was grandfathered into Chase when it was absorbed by Washington Mutual. Never had a real problem with them here in Brooklyn.
fukked up they wouldn't let dude become a cpc with 800k. They made me a chase private client and I barely had 250k.

Friend of mine does financial work with artists and some athletes, most of whom are black. He's white. He said by the time these dudes come to him, they've been jerked around by multiple people at JP Morgan or other firms. I think there's a competitive zeal with certain people in the financial industry to ruin black money before it becomes black wealth. Not on some cartoon racist shyt of "holding the black man down" but moreso...a general lack of empathy, feelings of inadequacy, and wanting to take shyt from someone who didn't truly "earn" it.

I advise rich people, whether they're black or white, to simply go with an index fund. Easy to manage, impossible to fukk up. If the economy tanks sure you'll take a hit, but overall the Vanguard index fund out performs brokers and investors every fukking year. If it's good enough to Warren Buffet, it's good enough for you.

So holding a black man down

 

[CASHAPP]

Join black owned one united bank brehs

 

[CASHAPP]

go get you an account an One United it's not that inconvenient you can deposit or withdraw money at most ATMs for free. You can go to a US Bank atm to handle your One United accounts

I’ve had one since 2016. Love the card designs too.

 

[mson]

Join black owned one united bank brehs

I have a little over a stack with them

 

[Chrishaune]

Sounds like the black banker was trying to influence him without coming out and telling him and jeopardizing his job.

 

[Counter Racist Male]

I worked as a personal banker for Chase when I was in my early 20s. It's one of the most corrupt and racist banks out there.

The financial advisors and other bankers would screw over people of color everyday to meet their sales quotas: open up accounts they didn't need, put hard earned insurance policies and inheritances in bullshyt investments, push unnecessary credit cards with high interest rates... You name it.

I eventually had to leave because my conscience couldn't take it. Plus my sales numbers started to fall since I wasn't doing the same thing.

That's awful. What a shame.

 

[CASHAPP]

Friend of mine does financial work with artists and some athletes, most of whom are black. He's white. He said by the time these dudes come to him, they've been jerked around by multiple people at JP Morgan or other firms. I think there's a competitive zeal with certain people in the financial industry to ruin black money before it becomes black wealth. Not on some cartoon racist shyt of "holding the black man down" but moreso...a general lack of empathy, feelings of inadequacy, and wanting to take shyt from someone who didn't truly "earn" it.

I advise rich people, whether they're black or white, to simply go with an index fund. Easy to manage, impossible to fukk up. If the economy tanks sure you'll take a hit, but overall the Vanguard index fund out performs brokers and investors every fukking year. If it's good enough to Warren Buffet, it's good enough for you.

don’t listen to him y’all

he been on record saying that he doesn’t think black people should get reparations...no I’m not paraphrasing

 

[null]

Crehs in scared-of-own-shadow-so-attack-the-innocent shocker .

Quelle surprise .

 

[Ziggiy]

So holding a black man down

EXACTLY.

I’m like fukk is dude talking about “not holding the black man down” and THEN go on to describe classic tactics to hold black men down

 

[Piff Perkins]

Was grandfathered into Chase when it absorbed Washington Mutual. Never had a real problem with them here in Brooklyn.
fukked up they wouldn't let dude in with 800k. They made me a chase private client and I barely had 250k.





So holding a black man down

Yea but you get my point. These aren't dudes who twirl their mustache and say "what evil can I do to black people today." They're regular people who see a successful black person and immediately become suspicious, jealous, and will stop at nothing until they "remedy" the situation. You know how there's that stereotype about how black people who go to black businesses will nit pick? That's how a lot of white people are in the presence of any form of black success. They're looking for the specs of dirt in the corner.

I've worked in the corporate world in music and business. There is always an assumption of white genius, and black luck. A white guy who does something good-to-great is a genius who is the next big thing. A black guy who does something good-to-great is lucky, and the next time he fukks he can be out the door. In music right now there are a looot of black guys in higher positions now who were once belittled and laughed at.

 

[Actually6Foot3]

ive been out of college for 7 years but I go back to a sista at one of their branches that asks me if im "still in college?" *wink* and I always reply "yes maam" *wink*. she held me down the first time a charge hit my account because they tried to convert my shyt to a standard account with a high ass minimum balance.

free checking account renewed. Shout outs to sis.

This is why we need our own institutions though

 

[newworldafro]

So a former NFL breh goes tried to invest some money at JPMorgan and another breh that works there told him that white people were shook of him because he's a big black man in Arizona, which they're not used to and they're not going to treat him the same because they don't want problem if something goes wrong ?

Yep. Also based on previous situation other nlack financial advisor he was taken off the list for wealthier investors...which was wrong too.

 

[staticshock]

He came off like a cornball

you’re a clown. He was warning breh

 

[Reece]

Not defending JP Morgan here. Financial Planning is a client facing role, and 90% of these rich white cacs you gonna be servicing gonna be racist and want a white dude to be their point of contact instead of a black guy, middle eastern guy and definitely an indian guy. Let’s be real here, if a rich racist cac walks into a JP Morgan Chase branch in Beverly Hills and sees a 50% Black workforce he’s turning back around. Not saying it’s right AT ALL. But that’s the REALITY

 

[mson]

Not defending JP Morgan here. Financial Planning is a client facing role, and 90% of these rich white cacs you gonna be servicing gonna be racist and want a white dude to be their point of contact instead of a black guy, middle eastern guy and definitely an indian guy. Let’s be real here, if a rich racist cac walks into a JP Morgan Chase branch in Beverly Hills and sees a 50% Black workforce he’s turning back around. Not saying it’s right AT ALL. But that’s the REALITY

But aren't we talking about black clients in this scenario?