Tech | December 09, 2011 | 10 comments

J.P.Morgan Chase and Goldman Sachs mic-checked at Princeton University

source: http://dealbook.nytimes.com/2011/12/09/an-orange-and-black-eye-for-2-banks/

JanforGore
Princeton University, the alma mater of financial bigwigs like Carl C. Icahn, is not typically thought of as a hotbed of anticorporate ardor.

In “Liar’s Poker,” Michael Lewis (Princeton class of 1982) described the on-campus recruiting frenzy during which undergraduates fought tooth and nail for jobs at the most prestigious Wall Street firms. The Princeton career office of the early 1980s, he wrote, “resembled a ticket booth at a Michael Jackson concert, with lines of motley students staging all-night vigils to get ahead.”

Oh, how times change. As DealBook reported last week, several Ivy League schools have seen their on-campus recruiting programs come under fire this fall, because of the influence of the Occupy movement and rising antipathy for the financial sector.
.
And this week, student protesters affiliated with the Occupy Princeton movement interrupted not one but two big-bank recruiting sessions at the school, typically among the biggest feeder schools for Wall Street firms.

According to the Daily Princetonian, Princeton students targeted a JPMorgan Chase session and a Goldman Sachs session this week. They “filed into the information sessions under the pretense of prospective applicants and interested students, dressed in business attire, providing their names and emails on sign-in sheets, picking up pamphlets and chatting with recruiters who approached them.”

At the JPMorgan Chase session, held on Wednesday, students used the Occupy movement’s trademark “mic check” call-and-response style to lambaste the bank. “Your predatory lending practices helped crash our economy, we’ve bailed out your executives’ bonuses, you’ve evicted struggling homeowners while taking their tax money,” the protesters said, speaking in front of an audience of interested students and bank recruiters. “In light of these actions, we protest the campus culture that whitewashes the crooked dealings of Wall Street as a prestigious career path.”
  1. groups:
    News and Politics,   Politics,   Tech,   Progressive America,   2 more
  2. tags:
    Justice,  Equality,  Goldman Sachs,  99%,  7 more
  3.     
    |

10 comments // J.P.Morgan Chase and Goldman Sachs mic-checked at Princeton University // Video

  • Not_A_Troll
    • 0
      Not_A_Troll  

    • I'm kind of new to this "mic-check" thing. Does that mean they talk on the mic, while JPMorgan cashes checks, or do they talk on the mic because of a check from JPMorgan... i'm confused. =(

    • 6 months ago
  • Incredulous
  • coolplanet
  • RevKen
    • +5
      RevKen  

    • Good for them. This is an example of courageous people speaking their mind to defend something they believe in.

      Anyone that wants to tell me that The Occupy Movement has no goals and no direction needs to watch this.

    • 6 months ago
  • JanforGore
  • RevKen
    • +3
      RevKen  
    • JanforGore:

      I am not arguing with you when I ask you this question so please do not get defensive, I really am curious as to what moral goal you are talking about. Please explain as I want to possess as much ammunition as I can when I defend the Movement.

    • 6 months ago
  • JanforGore
    • +6
      JanforGore  
    • RevKen:

      The moral goal of knowing you can live a life without giving into the baser darker side of human nature. Greed that destroys ecosystems and lives that also perpetuates poverty... Deception for profit... Apathy for the human condition. Standing up to those who sell this is also to me a moral victory. And I wouldn't get defensive, that's a good question.

    • 6 months ago
  • RevKen
    • +2
      RevKen  
    • JanforGore:

      OK. Now I am going to ask a couple more questions. 1) Is this an original quote from you? 2) If it is original can I use this on my website? I am more than happy to credit you under any name you like.

    • 6 months ago
  • JanforGore
    • +3
      JanforGore  
    • RevKen:

      Yes, my original thoughts. And you can use it no problem; and if you wish to give me credit which I appreciate just use the name Jan M, and thanks very much. Oh, and send me a link to your site, I'd like to take a look at it.

    • 6 months ago
  • JanforGore
more from Tech:
from the community

top videos