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stories about: "jpmorgan"
Too Much Free Time

Too Much Free Time

by Mike Masnick


Filed Under:
bill collectors, debt collectors, social networks

Companies:
jpmorgan, myspace



Bill Collectors Targeting Kids' Social Networking Profiles?

from the getting-a-bit-desperate,-eh? dept

We've discussed in the past attempts to serve court documents via Facebook, but apparently others are making use of such tactics as well. A few people alerted us to the story of a bill collector, apparently hired by JPMorgan Chase, who supposedly tracked down the MySpace account of the daughter of someone who was behind on some car loan payments, and posted the debt collection notice on the kids' MySpace page. In the past, people would stop answering the phone or the doorbell to avoid debt collectors. Will they start locking down their social networking profiles as well?

31 Comments | Leave a Comment..

 
Wall Street

Wall Street

by Mike Masnick


Filed Under:
movies, wall street

Companies:
jpmorgan



Like $200 Million In Invesment Money Is Going To Make A Difference In Hollywood?

from the it'll-make-one-crappy-movie dept

We've discussed in the past the idea that Wall Street might start investing directly in movies, hoping that if that happened it would help kick the studios into realizing that their old model of doing things wasn't working out so well. With that in mind, it's not too surprising to hear that JPMorgan is planning to start investing in Hollywood, hiring some former Hollywood bigshots as advisors and setting aside $200 million for investments. Wait... $200 million? Isn't that what Hollywood insiders falsely insist a good movie has to cost to make these days? In other words, isn't that pocket change? It's hard to see how that kind of money makes any difference at all in Hollywood unless JPMorgan is really planning to embrace the Silicon Valley model of making films, where less money is put to more efficient work. Hopefully, that's where it's heading (though, hiring those bigshots suggests otherwise). If it's simply going to throw that money into the traditional Hollywood machine, it seems quite unlikely that it will last very long or go very far.

7 Comments | Leave a Comment..

 
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