Customers, Workers Left Behind in Bank Mergers
With the planned merger of Bank One Corp. and J.P. Morgan Chase & Co., the financial industry continues to reduce the ranks of the competition
(“J.P. Morgan, Chasing Citicorp, to Buy Bank One for $58 Billion,” Jan. 15).
The result is higher profits at the expense of the customer and a loyal workforce.
David Ohman
Irvine
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