JP MORGAN CHASE TAKES BAILOUT AND OUTSOURCES GOVT CONTRACT

Call out JP Morgan Chase

Palm Beach Post Editorial

Thursday, April 16, 2009


Unemployed Floridians who call the state Department of Children and Families for help with food stamps find themselves talking to someone in India. That's because JP Morgan Chase, which is getting $50 million over three years to provide that call-in help, outsourced the work.



Oh, and JP Morgan Chase got $25 billion in Troubled Asset Relief Program money.

There may be nothing the state can do about that contract except not renew it. But the idea that American taxpayers are indirectly subsidizing the outsourcing of jobs in this economy is outrageous.