JPMorgan Chase, Morgan Stanley and Wells Fargo Flunk a Test Measuring their Support for American Democracy

Gunnar Larson g at xny.io
Thu Sep 15 08:22:56 PDT 2022


https://wallstreetonparade.com/2022/09/jpmorgan-chase-morgan-stanley-and-wells-fargo-flunk-a-test-measuring-their-support-for-american-democracy/


The nonpartisan watchdog group, Accountable.US
<https://accountable.us/about/>, has released the results of an
investigation into how committed to democracy the 100 largest corporations
in America are. The corporations were graded on support for voting rights,
the electoral process, and American democracy. The results were provided in an
interactive resource called the American Democracy Scorecard
<https://www.americandemocracyscorecard.org/>.

Researchers looked at 14 key criteria. Seven elements of the criteria
involved making pro-democracy statements, being affiliated with
pro-democracy organizations, and taking other pro-democracy actions. Seven
other criteria involved corporate contributions to elected officials who
are undermining democracy and voting rights.

Three of the largest mega banks on Wall Street, JPMorgan Chase, Morgan
Stanley, and Wells Fargo, flunked the democracy test, each receiving a
score of “F.” Goldman Sachs received a “D.” Bank of America and Citigroup
received a “B” grade, but, clearly, that was based on very recent history.

---------- Forwarded message ---------
From: Pam Martens <alerts at wallstreetonparade.com>
Date: Thu, Sep 15, 2022, 11:01 AM
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Wall Street On Parade has posted a new item:

JPMorgan Chase, Morgan Stanley and Wells Fargo Flunk a Test Measuring their
Support for American Democracy
https://wallstreetonparade.com/2022/09/jpmorgan-chase-morgan-stanley-and-wells-fargo-flunk-a-test-measuring-their-support-for-american-democracy/

By Pam Martens and Russ Martens: September 15, 2022 ~
The nonpartisan watchdog group, Accountable.US, has released the results of
an
investigation into how committed to democracy the 100 largest corporations
in
America are. The corporations were graded on support for voting rights, the
electoral process, and American democracy. The results were provided in an
interactive resource [...]

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press "Go" to read the full article.

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