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Guess who made the top most loathsome New Yorkers?

 
 
Linkat
 
Reply Mon 11 Apr, 2005 09:34 am
None other than my favorite (and quite possibly Kicky's favorite) - at number 10 - William Harrison, CEO of JP Morgan Chase & Co.

Here is the following write up:
If you have money in Chase's vaults, you should already hate this guy for doing nothing since his appointment in 2001 to fix his company's usurious, fee-based rape of low-income depositors. Then there is the matter of all those WorldCom bonds. But lately Bill Harrison's loathsomeness has hit a new high: JP Morgan continues to extend huge credit sums to predatory lenders that then use JP's line to furnish cash "payday" loans to the working poor with interest rates that can approach 1000 percent. So-called "payday" lenders find an especially fruitful clientele in youthful soldiers. Thus have payday lenders over the past decade sprung like poison mushrooms in the fecund soil of the "private sector" around military bases nationwide. All thanks to the largesse of Harrison and his ilk, which includes the heads of Wachovia, Bank of America and Wells Fargo, all of whom have snatched a piece of the $6 billion-dollar-a-year payday lending industry?-but none so effectively or extensively as JP Morgan under the leadership of William B. Harrison Jr.
For more see - http://www.nypress.com/18/13/news&columns/50most.cfm
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