# \#askJPM - An Exercise in Corporate PR Blundering

**URL:** <https://boards.straightdope.com/t/askjpm-an-exercise-in-corporate-pr-blundering/673912>\
**Category:** In My Humble Opinion\
**Created:** [November 14, 2013, 2:56pm UTC](https://boards.straightdope.com/t/askjpm-an-exercise-in-corporate-pr-blundering/673912 "2013-11-14T14:56:53Z")\
**Posts on this page:** 2\
**Page:** 2

<div class="post-metadata">

**Author:** ![Snickers](https://avatars.discourse-cdn.com/v4/letter/s/5daacb/32.png) [@Snickers](https://boards.straightdope.com/u/Snickers)\
**Post date:** [November 18, 2013, 9:02pm UTC](https://boards.straightdope.com/t/askjpm-an-exercise-in-corporate-pr-blundering/673912/21 "2013-11-18T21:02:20Z")

</div>

There’s also those that use any equity in their house as a revolving credit door - my aunt is one of these. As housing prices went up before the bubble, that increased her theoretical equity. She then refinanced to cash out that equity (for whatever reason) - pay bills, go on vacation, whatever. (I didn’t say it was a \*good \*idea.) She’s done that two or three times, IIRC. She’d have paid off the house years and years ago, if it wasn’t for all the refinancing. That could be a source of the “paid for it four times already” idea.

---

<div class="post-metadata">

**Author:** ![Death\_of\_Rats](https://avatars.discourse-cdn.com/v4/letter/d/a6a055/32.png) [@Death\_of\_Rats](https://boards.straightdope.com/u/Death_of_Rats)\
**Post date:** [November 18, 2013, 10:50pm UTC](https://boards.straightdope.com/t/askjpm-an-exercise-in-corporate-pr-blundering/673912/22 "2013-11-18T22:50:01Z")

</div>

Of course the whole “4 times over” part could also be hyperbole to up the fun of flinging poo at JP Morgan.

[Previous page](https://boards.straightdope.com/t/askjpm-an-exercise-in-corporate-pr-blundering/673912.md?page=1)