The marginalization and unfair treatment of people working in adult industries continues, and this time at the hands of one of the biggest banking and investment institutions in the United States, JPMorgan Chase. As quoted by the blog over at Sex.com:
“Currently, JPMorgan Chase is back on its moral high horse, purging all their pornstar clients by closing their accounts. Pornstars like Teagan Presley, Dakota Skye, Stormy Daniels, Bonnie Rotten, Veronica Avluv, Kieran Lee, Alexis Amore, Vanessa Veracruz, Angelina Capri and more have all reportedly received letters saying their accounts have been closed.”
Apparently, these accounts have been closed for ‘moral reasons.’ The interesting thing is that, when approached about these recent closures, JPMorgan Chase has been relatively transparent about their reasoning. They don’t want to provide banking services for people who they have arbitrarily deemed as being morally questionable.
The irony of JPMorgan Chase questioning the morality of a bunch of men and women working to earn a living in the adult industry is covered nicely in the Sex.com post, but needless to say, the banking institution is one of the most sleazy, underhanded, and morally reprehensible in the world and certainly in the US.
Here’s an institution that has been repeatedly busted for laundering money for drug cartels and violating regulations and financial good will time and time again.
It’s one thing for members of the adult industry to have to face implied criticism, judgments, and pretentiousness about their line of work, but its another to face tangible sanctions from their banks of choice. I’m assuming JPMorgan Chase is owned/managed by a bunch of stuffy white conservatives. I’m also willing to be that the same stuffy white conservatives furiously masturbate in their big offices to kinky hardcore porn with the lights off while they’re supposed to be ‘working late.’
Get a clue JPMorgan Chase! Unacceptable!