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After Twitter #Fail, JPMorgan Calls Off Q. and A.
JPMorgan Chase helped take Twitter public last week. But on Wednesday evening, the banking giant got a taste of the social network’s power — in a very negative way. The firm called off a question-and-answer session with James B. Lee Jr., its vice chairman and top deal maker, after Twitter users complied with its request for queries with a stream of ribald questions and hostile jokes. A spokesman for the firm wrote in an email, “#Badidea! Back to the drawing board!” Through its roughly year-old Twitter account, @JPMorgan began teasing a Q. and A. with a senior executive last week: On Monday, the firm revealed ... (full story)