Our Favorite (and Funniest) Non-TV Story of the Week: JPMorgan Humiliates Itself in Front of All of Twitter Salon.com
It may have been the worst idea of the year. Here's the setup. On Wednesday morning, Nov. 13, 2013, someone at JPMorgan tweeted: "Tomorrow at 1pm ET $JPM Vice Chairman Jimmy Lee takes over @JPMorgan to answer your questions for 1 hour. Tweet your Q early using #AskJPM."
According to an article on Salon.com (from which we stole part of our headline), here are some of the questions that were tweeted to #AskJPM:
Were you embarrassed when even the usually-silent @USOCC asked Jamie Dimon to step down from the Bank Unit? … #AskJPM
Do you have an org chart that's perfectly analogous to the criminal underworld - capo, made man - or do you just wing it? #AskJPM
When you robosigned credit card docs, did you think you were going to have to shutter the litigation group?… #AskJPM
Does it feel better paying the biggest bank fines in history so far, or did the satisfaction of the crimes outweigh the fines? #AskJPM
Why aren't you in jail for sending a literal ton of gold bullion to Iran in violation of sanctions? #AskJPM
#AskJPM why did u think this would be a good idea
Finally, someone at JPMorgan sent this tweet at about 4:30 p.m. Wednesday afternoon:
Tomorrow's Q&A is cancelled. Bad Idea. Back to the drawing board.