Was There A Run On The Bank? JPM Caps Some ATM Withdrawals
by Tyler Durden
ZeroHedge.com
04/04/2016
Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose capital controls on . As WSJ reports, following the bank’s ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at a time. This apparent bank run has prompted Jamie Dimon to cap ATM withdrawals at $1,000 per card daily for non-customers. Of course, we are sure this is just another ‘storm in a teacup’ as why would anyone complain about a bank withholding people’s money when they are assuredly tax evaders, terrorists, drug dealers and human traffickers.
The Rest…HERE
