82,891
edits
Frank: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 31: | Line 31: | ||
====Blaze of lawsuits==== | ====Blaze of lawsuits==== | ||
And there might it have ended, had Javice not sued JP Morgan, in December 2022, alleging the bank used its investigation into Frank as an excuse to fire her from her job with the company. Rather than stoically, and quietly, defending this patently frivolous action, JP Morgan countersued for its acquisition cost, and as a result the world’s media with an embarrassing take of witlessness, all around, for what is in JP Morgan’s scheme of things a paltry sum. | And there might it have ended, had Javice not sued JP Morgan, in December 2022, alleging the bank used its investigation into Frank as an excuse to fire her from her job with the company. Rather than stoically, and quietly, defending this patently frivolous action, JP Morgan countersued for its acquisition cost, and as a result the world’s media with an embarrassing take of witlessness, all around, for what is in JP Morgan’s scheme of things a paltry sum. | ||
==The dog in the night time== | |||
So Frank earns a place in our Dog in the Night-time series, despite being a fifth of the usual size to qualify for entry. | |||
===Belief suspenders=== | |||
What were the defeat devices that might have put JP Morgan’s gimlet-eyed due-dilly fiends off the scent? | |||
*'''Insta-cred''': Javice has great hair and sparkly blue eyes? Young millennial? She Instagrams well? In the #metoo generation we would like to think JP Morgan executives were not swayed by this. | |||
*'''Star quality''': Made it to the Forbes “30 under 30 list” — These days Forbes is basically a blogging platform, so make of that what you will. | |||
*'''Intermediaries''': There ''was'' an agent — the third party vendor — but it didn’t warrant as to the data, and it was only involved due to bogus privacy concerns. | |||
*'''Privacy''': As a plausible excuse for not telling you something you need to know. | |||
===Red flags=== | |||
*'''Priors: form for regulatory bother''': Frank had some form for grandiosity on its website, having been ticked off previously for over-stating its connections with the Department of Education<ref>https://www.businessinsider.com/charlie-javice-frank-jpmorgan-settlement-department-education-2018-2023-1?</ref> and making misleading claims about COVID.<ref>https://www.ftc.gov/system/files/warning-letters/covid-19-letter_to_frank.pdf</ref> | |||
===Seriously?=== | |||
But in the main, this comes down to poor policework by JP Morgan. | |||
{{sa}} | {{sa}} | ||
*[https://www.documentcloud.org/documents/23570243-frank_suit? JP Morgan Complaint] | *[https://www.documentcloud.org/documents/23570243-frank_suit? JP Morgan Complaint] | ||
{{ref}} | {{ref}} | ||