WaMu-WhyUS-Welcome to JPMorgan Chase...

Go to www.wamu.com, the bank that had the most inane advertising of all time; the bank that targeted minorities and low-income people into, amongst other things, bait-and-switch mortgages. Their home page already says, "Welcome to JPMorgan Chase." If you really want a hoot, click on the link that says, "About WaMu" and you can read about all the wonderful things they have done for the world in a section entitled, "The WaMu Difference." My favorite point that they make here is that they, "Introduced the easiest, paperless online account opening process in the industry." Now they can add moneyless to that list.

Now the nation's largest savings and loan institution has been shut down by the government-another institution that seems wobbly these days. How much bad debt can the U.S. government take over? And adding fuel to the fire, Alan Fishman, who was CEO of WaMu for only three weeks, is set to walk away with more than $18 million in salary, bonuses and severance pay. Let's see...how do you think that money will be repaid? That's right, it will fall upon the shoulders of US-the already near extinct middle class-the people who used to be the heart of this country.

The subject of this young blog is ethical advertising but it is getting increasingly more difficult to find corporations that are viable candidates. There is an ethical abyss in this world where corruption is arguably at an all-time high. How can it be fixed? Now that is a question whose answer is worth $18 million dollars.