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Corporate & Securities Law

: Representing Investors

JP Morgan To Buy New Corporate Jets, Faces Public Backlash

By Keith Griffin

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As the recipient of $25 billion in funds from the government?s Troubled Asset Relief Program (TARP), JPMorgan Chase should be focusing on how and when it will pay back taxpayers? money. Instead, ABC News reports that the bank plans to spend nearly $140 million on two new luxury Gulfstream jets and embark on a lavish [...]

Full post as published by Representing Investors on March 23, 2009 (boomark / email).

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