(Bloomberg) – President Donald Trump sued JPMorgan Chase & Co. and its chief executive officer, Jamie Dimon, for at least $5 billion over allegations that the lender stopped offering him and his businesses banking services for political reasons.

The complaint, filed Thursday, accuses the bank of trade libel and breach of implied covenant of good faith. It also claims Dimon violated Florida’s deceptive trade practices law. In response, the bank said it doesn’t close accounts for political or religious reasons.

  • StinkyFingerItchyBum@lemmy.ca
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    5 days ago

    My second favourite Presidential assassination theory is that the Fed orchestrated Kennedy’s assassination in response to Kennedy’s desire to nationalize the private banking cartel that is the Federal Reserve.

    My next favourite is that they’ll do it again. ;)

    • Avid Amoeba@lemmy.ca
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      5 days ago

      You believe the banker profession hasn’t been hollowed out by radical belief that markets take of everything? Hollowed out as in losing the skillset needed to take care of business in back alleys. 😄