The bank’s CEO will get a 74% jump in compensation, even after it had to pay $13 billion in a settlement with the Department of Justice and acknowledged that it misled investors about the quality of risky mortgage-backed securities ahead of the 2008 financial crisis.
The rich getting richer while the fucked-over continue to get, well, fucked over.
A sharply dressed African-American man in his 30s, KANYE WEST, is balancing his check book. He skims over his transaction list at Chase.com. Kanye reviews every transaction over the past week and attempts to recall what his lovely date had consumed with her tasty beverage during their trip to their local McDonalds.
Millennials may think they’re staying out of financial trouble by forgoing credit cards, but they’re doing a disservice to themselves and their credit scores. The responsible use of credit cards is one of the easiest ways to build a strong credit score, which is essential for qualifying for insurance policies, auto and mortgage loans, and sometimes even a job.