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.