General Discussion

ClearSky24

(299 posts) Wed Oct 12, 2022, 11:50 PM Oct 2022

JP Morgan closing Kanye West's bank accounts.

Link to tweet

8 replies

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JP Morgan closing Kanye West's bank accounts. (Original Post) ClearSky24 Oct 2022 OP

This sounds like there may be something fishy in his financial transactions, Gaugamela Oct 2022 #1

No it's "reputational risk" TheProle Oct 2022 #4

I doubt it. These banks will do business with about anyone with money. Gaugamela Oct 2022 #5

What bank gives up servicing a multi million account? n/t leftstreet Oct 2022 #2

Womp ye, womp ye.... Blue Owl Oct 2022 #3

Bitcoin Magazine? LOL! OilemFirchen Oct 2022 #6

Pretty bad when a blood-sucking parasite company like JPMorgan Chase dumps you. BWdem4life Oct 2022 #7

Right--hope you get into bitcoin or another crypto--right before... hlthe2b Oct 2022 #8

Gaugamela

(3,575 posts)

1. This sounds like there may be something fishy in his financial transactions,

Reply to ClearSky24 (Original post)

Thu Oct 13, 2022, 12:25 AM

Oct 2022

or maybe his personal interactions with employees were out of line. Financial institutions don’t usually get involved in social or political issues, and you know they deal with much worse than Kanye West. Besides, most banks are hardly paragons of virtue. If banks start blackballing people for their politics then ultimately it’s the left that has most to lose.

TheProle

(4,100 posts)

4. No it's "reputational risk"

Reply to Gaugamela (Reply #1)

Thu Oct 13, 2022, 12:38 AM

Oct 2022

Being used as justification.

Gaugamela

(3,575 posts)

5. I doubt it. These banks will do business with about anyone with money.

Reply to TheProle (Reply #4)

Thu Oct 13, 2022, 12:50 AM

Oct 2022

Drug money laundering flows through the system. Do Mel Gibson or Tucker Carlson have their accounts shut down? If it’s reputational risk there’s bigger fish to fry.

leftstreet

(41,253 posts)

2. What bank gives up servicing a multi million account? n/t

Reply to ClearSky24 (Original post)

Thu Oct 13, 2022, 12:35 AM

Oct 2022

Blue Owl

(59,626 posts)

3. Womp ye, womp ye....

Reply to ClearSky24 (Original post)

Thu Oct 13, 2022, 12:36 AM

Oct 2022

OilemFirchen

(7,288 posts)

6. Bitcoin Magazine? LOL!

Reply to ClearSky24 (Original post)

Thu Oct 13, 2022, 01:11 AM

Oct 2022

Whatevs. I call bullshit.

Their Twitter feed, OTOH, is a great way to find out just how anti-Semitic the token boyz are.

BWdem4life

(3,088 posts)

7. Pretty bad when a blood-sucking parasite company like JPMorgan Chase dumps you.

Reply to ClearSky24 (Original post)

Thu Oct 13, 2022, 02:21 AM

Oct 2022

eom

hlthe2b

(114,683 posts)

8. Right--hope you get into bitcoin or another crypto--right before...

Reply to ClearSky24 (Original post)

Thu Oct 13, 2022, 07:18 AM

Oct 2022

it goes belly up, Kanye.

Can you imagine the whining then? Who do you blame then?

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