What Chutzpa, Joel Moskow as a concerned resident.

95 Gables Way
Jackson, New Jersey 08527
(732) 928-8846
April 8, 2010

Mr. Marvin Aronowitz
Editor-in-Chief
Metedeconk Moments

Re: WHAT CHUTZPA

To the Editor:
Just the other day, I ventured into the new JPMorgan Chase bank on County Line Road. The bank had only opened a few weeks ago so I thought I would give it a try with some of my business. A friend had just repaid a loan to me with a check drawn on JPMorgan Chase and I planned to cash the check at the bank and discuss some of its services.
When I reached the teller, I presented the check and asked her to please cash it for me. I was not a customer of JPMorgan Chase at the time. “There is a six dollar charge to cash this check,” she said with a tone in her voice that told me she had said these words many times before. I explained that it was the bank’s own check. “It’s six dollars to cash the check,” she repeated, this time in a more precise way. I thanked her, smiled to myself, and left the bank with the check in hand.
This bank, JPMorgan Chase, is one of the banks that took billions of dollars of mine and other citizens, in order to stay alive. The teller herself would be unemployed if it were not for our money. The staff of that branch would be unemployed if it were not for our money, and the branch itself would not exist today if it were not for our money. In fact, there is a good chance that JPMorgan Chase Bank would not be in business today if it were not for our money. Six dollars to cash a check, drawn on their own bank, What COLOSSAL GALL, and in plain English, WHAT CHUTZPA!
Every one of us knows about, and was outraged when we learned about the millions in bonuses that banks, living on our handouts, gave to their employees. I hope that now a few hundred local people will know of this little “six dollar fee,” and what this fee says to the people that helped bail this bank out of a self made disaster so it could stay in business. This is what JPMorgan Chase Bank thinks of the people who funded their very survival. Millions in bonuses to their employees and a six dollar fee, to cash the bank’s own check, to the public.
If you have as much as one thin dime deposited with JPMorgan Bank, you need to have your head examined. Take a good look at all of the fees this bank charges its customers and non customer alike, then, take your account and place it with a local bank, a bank that cares about the people it serves. In the future, when you hear the word CHUTZPA, you should realize that JPMorgan Chase Bank defines the word!

Very truly yours,
Joel H. Moskow