JP Morgan's "Twitter takeover" seeks questions from Twitter, gets flooded with critiques of banksterism #AskJPM

  J.P. Morgan        ✔ @jpmorgan 

Tomorrow's Q&A is cancelled. Bad Idea. Back to the drawing board.

When JP Morgan's Twitter account announced last month that "VC Jimmy Lee" take questions from the net with the #AskJPM hashtag, they should have been able to predict what was coming next: a stream of hilarious, vicious critiques of late-stage capitalism, banksterism, and financial corruption. One day later, the Q&A was cancelled. The astonishing thing isn't how predictable this was, but how anyone at JP Morgan failed to see it coming -- the greatest irony isn't the questions raised, it was the hubris in thinking that these questions wouldn't be raised at all.
The fiasco is being called one of the worst social media disasters in corporate history, and has spawned lots of creativity, including this video of Stacy Keach and a sock puppet performing the tweets and a Matt Taibbi-sponsored haiku contest.

Eddy Elfenbein @EddyElfenbein Follow

What's the best way to get blood stains out of a clown suit? #AskJPM

Downtown Josh Brown @ReformedBroker Follow

I have Mortgage Fraud, Market Manipulation, Credit Card Abuse, Libor Rigging and Predatory Lending AM I DIVERSIFIED? #AskJPM

  Zane Zodrow @ZaneZodrow Follow

Active duty millitary overcharged, 18 homes stolen from them. Why is JPM still allowed to exist? #ASKJPM : http://www.cnn.com/2011/POLITICS/02/10/congress.military.mortgages/ …

What did those plutocrats think was going to happen?