Today, on behalf of a set of concerned JPMorgan Chase shareholders, the ACR Project demanded that the company publicly retract a host of illegal, discriminatory policies it has adopted.
These policies run a broad gamut, committing Chase to discriminate based on race across a wide variety of fields. Under these policies, Chase has specifically committed to, or has reported its success in pursuing, discrimination based on race in: (a) hiring for a number of racially defined positions; (b) choosing what outside counsel to engage; (c) selecting at least “priority” suppliers (and potentially “preferred” suppliers); and (d) extending loans and grants to residential and commercial borrowers.
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