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Mortgage chief mobbed by crowd; runs like "a dog with its tail between his legs"

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posted on Apr, 14 2010 @ 12:11 AM
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I don't know, this just struck me as kind of funny in a sick way I suppose. Well, he asked for it...





The JPMorgan Chase & Co executive was at a congressional hearing in Washington when a lawmaker asked him who mortgage borrowers could turn to if they felt his bank's employees were not helping them hold onto their homes.

"Come to me," said David Lowman, chief executive for JPMorgan Chase & Co's home mortgage business in response to the question from Massachusetts Democrat Barney Frank.

Minutes later, around 50 borrowers burst from the audience and presented Lowman with a 6-page document alleging his bank reneged on a pledge to help struggling homeowners.

The activist who organized the protest said Lowman did not want to talk and left the hearing.

"He ran. He ran like a dog with its tail between his legs," said Bruce Marks of the Neighborhood Assistance Corporation of America (NACA), which helps homeowners avoid foreclosure. "He was scared to death because he doesn't really want to talk to homeowners."



More at source:
www.reuters.com...




posted on Apr, 14 2010 @ 03:59 AM
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These criminal bankers are just disgusting.

That is why they get on so well with Congress & the whitehouse.



 
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