JPMorgan Chase closing the accounts of pornstars for "MORAL REASONS"

[saschaxx]

J. P. Morgan are AZZHOLES ...!!!

 

[Bearded_Menace]

J. P. Morgan are AZZHOLES ...!!!

J.P. Morgan himself was an asshole. He got shit done though.

 

[wdoall]

and that's why I ONLY bank with a local credit union

 

[Will E Worm]

Freedom itself is the biggest cancer against peace and origin of all wars...

What? Are you drunk?

 

[Captaingault]

I want to take a look at their browsing history on their servers.

 

[hedonis]

On the other hand, isn't everyone always complaining about how banks are only out for profit and have no morals?

 

[Little Red Wagon Repairman]

Pull the plug when Wall Street becomes Morality Court. How does a jackal hold a gavel?

 

[Master Roshi]

http://www.huffingtonpost.com/avinash-tharoor/banks-cartel-money-laundering_b_4619464.html

 

[hawk2005]

How strange, why the banks think they can do this, something going on

 

[Rey C.]

http://www.huffingtonpost.com/avinash-tharoor/banks-cartel-money-laundering_b_4619464.html

Thank you, sir. Rep given. Now that's the story (money laundering) that I think both you and I have harped on for a long time. And I find it SO amazing that both people here and the Federal government (Eric Holder must get some nice Christmas presents from Mexico) totally ignore it!

 

[knowone]

Is the DOJ Forcing Banks to Terminate the Accounts of Porn Stars?
https://news.vice.com/article/is-the-doj-forcing-banks-to-terminate-the-accounts-of-porn-stars

 

[Rey C.]

Is the DOJ Forcing Banks to Terminate the Accounts of Porn Stars?
https://news.vice.com/article/is-the-doj-forcing-banks-to-terminate-the-accounts-of-porn-stars

Well, you are THE MAN! Great find, knowone!

But I'm kind of surprised that the OCSMs on here are not commenting. Course, maybe they're smart not to... if they want to keep their accounts open and not have Eric Holder dig into where they keep their accounts.

Obama/Holder = Reagan/Meese, in this case.

 

[Doc Scurlock]

Banks. The dirtiest bastards in the world object to pornstars. Wow.

 

[knowone]

More on Operation Choke Point (maybe we should start a new thread?)
http://www.theguardian.com/money/2014/mar/23/operation-choke-point-payday-lenders-issa-banks
http://www.infowars.com/operation-choke-point-raises-alarms/
http://newsbusters.org/blogs/tom-bl...tually-ignored-dojs-pernicious-operation-chok

 

[knowone]

http://www.xbiz.com/news/178990
Walters: Woodhull Takes Stand Against Account Closures

 

[Mandy Flores]

Well I'm barely a porn star but I got my Members card today from Chase Bank!!! "You're account has been closed, you need to suspend automatic withdrawls and deposits....."

They closed all my personal accounts first, then my business account. All without warning me first. I was able to get a cashiers check from these motherfuckers for the majority of my deposits, but I can't wait to get into their pockets for putting me through this bullshit. I guess the biggest issue now is going to be public opinion, and who they think are bigger scumbags....Big Banks or Adult Industry workers.

 

[MustBeGood]

Well I'm barely a porn star but I got my Members card today from Chase Bank!!! "You're account has been closed, you need to suspend automatic withdrawls and deposits....."

They closed all my personal accounts first, then my business account. All without warning me first. I was able to get a cashiers check from these motherfuckers for the majority of my deposits, but I can't wait to get into their pockets for putting me through this bullshit. I guess the biggest issue now is going to be public opinion, and who they think are bigger scumbags....Big Banks or Adult Industry workers.

And think via us tax payers they got money to get back on their feet after crashing the economy in 08 with the TARP Fund.

Oh the hypocrisy.

 

[Shadowslayer77]

Well I don't run banks but if I did as long as the money did not come from illegal source it would be in my bank.
Seriously your a bank not a religious orgnazation. Sorry to any that had their accounts closed.

 

[luis1972]

moral reasons?????
Bankers are the most inmoral people...

 

[adultuser10]

Relevant news read... meh, dunno what's going on, in the end I'm sure things will be somewhat clearer on the situation as a whole.

Is Obama Really Forcing Banks to Close Porn Stars' Accounts? No, Says Chase Insider

A JPMorgan Chase source says Obama's "Operation Choke Point" has nothing to do with its recent account closures.

—By Dana Liebelson | Thu May 8, 2014 6:00 AM EDT

If this were a Hardy Boys book, it would be The Hardy Boys and the Mystery of the Porn Stars' Disappearing Bank Accounts.

Last month, porn star Teagan Presley told Vice that JPMorgan Chase & Co. closed her account because the bank considered her "high-risk." Then, on Wednesday, porn director David Lord told the Daily Beast that Chase sent him a letter notifying him that the bank was going to close his account on May 11. The Beast and Vice suggested that a secretive Justice Department program, "Operation Choke Point," was behind the account closures. But a Chase insider familiar with the matter says that the initiative has nothing to do with the termination of these accounts.

"This has nothing to do with Operation Choke Point," the source told Mother Jones. "There's not a targeted effort to exit consumers' accounts because of an affiliation with an industry [and] we have no policy that would prohibit a consumer from having a checking account because of an affiliation with this industry. We routinely exit consumers for a variety of reasons. For privacy reasons we can't get into why."

The porn stars' allegations play into a narrative—pushed by banks and congressional Republicans—that the Obama administration is overstretching its authority by forcing banks to police the free market. Here's the real story:

More here - http://www.motherjones.com/politics/2014/05/operation-chokepoint-banks-porn-stars