JP Morgan Scolded for Outsourcing Jobs

Now Congress wants to dictate the operations to TARP recipients. No more increasing profitability through outsourcing:

In a letter addressed to JP Morgan Chase CEO Jamie Dimon, the Congress members asked: “How should these American workers, many of them your consumers, be expected to have hope for a better future when the very companies they contributed to through TARP outsource the jobs they desperately need?”

Congress as Chief Operating Officer. Wonderful.