JP Morgan Chase is closing Kayne West's bank account

https://twitter.com/RealCandaceO/status/1580331572539949057

by oldschoolib • 4 years ago

29 39 4 years ago

tsol2• 4 years ago

Word is, it's because he threatened some of their employees verbally on Instagram. Not wholly unsurprising, especially as he's become kind of a pariah in the past week

metadat2• 4 years ago

What kind of bank has employees publicly interfacing on Instagram? Sounds like a recipe for harassment from Yee.

(Just kidding, this perspective would fall under victim blaming, I think.)

It does seem unnecessary for a bank to be interacting on social media, though. How does it make sense for them to spend time on it?

kjs3• 4 years ago

Most banks, and all the big ones I know about, have some level of on-line social media presence and dedicated social media managers (and wildly varying levels of competence with social media). As they say, 'that's where the customers are'.

The financial I work for has official channels on most platforms and dedicated teams who do basically advertising and customer support type stuff via social media channels. Complain about something on @OfficalBankChannel, and someone can see it and hopefully respond positively. This isn't just some random employees slacking off on Instagram or twitter or whatever; it's their job.

So if the bank perceives someone is threatening people over a social media channel, it can be treated the same as someone threatening over the phone to a call center or in a branch location. And there can be consequences.

jimbob45• 4 years ago

I’m a bit sleepy tonight but when I wake up I’m going death con 3 On JEWISH PEOPLE

Probably a typo on his part but that’s certainly a threat in my opinion.

encryptluks212• 4 years ago

DEFCON 3 would not be a threat. DEFCON levels are more amount defense than anything.

tsol2• 4 years ago

I think he also called out Chase CEO Jamie Dimon by name

crmd2• 4 years ago

I don’t think it’s a good idea that banks can fire their customers on a whim.

throwayyy479087• 4 years ago

Why not? They’re private companies. Just like Facebook and Twitter and PayPal and CloudFlare.

tamaharbor• 4 years ago

Customers can withdraw all their funds and close their accounts on a whim also.

stjohnswarts2• 4 years ago

I think it's a great idea for them to be able to choose to remove accounts of people who are racist/anti-semitic.

encryptluks212• 4 years ago

To Israel even Bernie is an antisemite. Israel has destroyed the label having any meaning except for people that aren't loyal to whatever decisions they make.

crmd2• 4 years ago

What about people who publicly oppose return to office in nyc or support Occupy Wall Street 2.0? Are you proposing a special exception for racists, or that they should be able to fire any customer whose speech is offensive to the Bank?

qualudeheart• 4 years ago

I’m in favor of a state owned bank of last resort. Private banks can do whatever they want, but some secure way to store funds is a human right.

raydiatian2• 4 years ago

Seems like a vote cast for Bitcoin. This is essentially a higher profile version of the Truckers Convoy in Canada.

Although to be clear I don’t feel bad for Kanye at all. What a fucking jackass.

stjohnswarts2• 4 years ago

I don't think the Truckers were calling for "death con 3" on Jews however. Banks can choose who they do business with and always have.

raydiatian2• 4 years ago

1. Kanye got what he deserved, I’ll say it a second time, because apparently I have to.

2. Kanye wasn’t “calling for death con 3”, nor did I ever claim that the truckers were? And since you want to get technical, you’re not even correct: he said he be “going death con 3” when he woke up. Kanye obviously alluding to an impending Twitter rant. Only a fool would misconstrue it otherwise, and if you think people want to ‘follow’ Kanye as a leader, I’ll remind you of his abysmal 2020 election results.

3. Honestly, the truckers got what they deserved too. The truckers were disrupting traffic and causing a nuisance to citizens with whom they had no quarrel. In reality. Kanye on the other hand, well, to quote Dave Chappelle: “Twitter’s not a real place.”

4. It’s a vote for Bitcoin because you can rest assured that the planet is full of people who would prefer to be unregulated assholes if given the choice.

5. > Banks can choose who they do business with and always have.

Weird thing to say, because you’re obviously agreeing with me, but it’s in a context where you’re trying to disagree? You lost me.

davidork• 4 years ago

financially unpersoning anyone capable of wrongthink might be a bit bad for national currencies, especially billionaires, and especially during a recession. before someone comes asking for sources (are we actually in a recession?) find a grocery receipt from a year ago, then go buy that shit today.

Push a billionaire with a lot of reach to cryptocurrency when there's a trade war and possibly a world war brewing, brilliant move!

this sort of pre-emptive PR crap by financial institutions and payment processors is going to backfire.

Kanye is having an episode, so it might not be this go around but this sort of thing is going to wind up getting regulated hard.

nailer11• 4 years ago

Kanye has made a lot of good points regarding BLM enriching its creators and ruining poor neighbourhoods (which is true despite it being considered ‘wrong think’ by some), but recently Kanye went on racist rants about Jews both on social media and in a Fox News interview which are less ‘wrongthink’ and just plain racist.

encryptluks212• 4 years ago

Since Jews can refer to people who's religion is Judaism, I'm not sure it is racist. He'd have to specifically target people based on origin to be racist.

metadat2• 4 years ago

Is Kanye a billionaire? Well, I checked and his net worth is purportedly $2B USD.

Wtf.. wow. We're in the wrong business.

JP Morgan Chase is closing Kayne West's bank account

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