JP Morgan’s Corporate Jets

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In case your rage has settled to a simmer, Brian Ross has a report out this morning sure to fire up bailout opponents. Apparently JP Morgan, which has recevied $25 billion in TARP funds, is spending $140 millionĀ  on two new luxury jets and to renovate the hangar that will house them. Reports like these are probably not helping Obama’s call on the too-easily-excitable Congress not to legislate the AIG bonuses out of anger.

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