This is what they got a BAILOUT FOR?
How about a BAILOUT for the WORKERS, huh?
About a MILLION EACH should do!!!
"JPMorgan to cut 9,200 Washington Mutual jobs
JPMorgan Chase & Co. said it will eliminate about 9,200 jobs at the former Washington Mutual Inc., which on Sept. 25 became the largest US bank to fail. The cuts amount to more than 21 percent of the workforce at Washington Mutual, which ended June with 43,198 employees. Washington Mutual was the largest US savings and loan before JPMorgan bought its banking assets for about $1.9 billion in a transaction arranged by US regulators. The holding company for Washington Mutual later filed for bankruptcy protection. About 4,000 of the jobs will be cut by the end of January, and another 5,200 later, a JPMorgan spokeswoman said (Reuters)."
