"Must be a board meeting."
Posted on 07/04/2023 7:22:02 AM PDT by CFW
On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” in Aspen, Colorado. The Pitkin County Coroner’s Office said in a statement that “The official cause of death is pending autopsy, although multiple blunt force trauma is evident.” The Sheriff’s Office indicated that the earliest new information would be made available to the public is next week.
In August of last year, Wall Street On Parade made a referral to the U.S. Department of Justice involving James S. Crown, who was a long-term member of the Board of Directors of JPMorgan Chase and two predecessor banks, Bank One Corporation (previously Banc One) and First Chicago Corporation. Following mergers between the banks, Crown seamlessly went from First Chicago (1991 to 1996) to Bank One (1996–2004) to JPMorgan Chase (2004 to the present) – a stunning tenure of 32 years for a Board Member dubbed an “Independent Director.”
Wall Street On Parade’s referral to the Justice Department concerned financial dealings between Crown and JPMorgan Chase that were not disclosed in public filings to the Securities and Exchange Commission or to shareholders. We reported at the time:
For more than a decade, JPMorgan Chase has been asserting in its proxy statement that its entire Board of Directors, other than Jamie Dimon, its Chairman and CEO, consists of independent directors. In its most recent proxy statement for 2022, JPMorgan Chase asserts that “The Board, having reviewed the relevant relationships between the Firm and each director, determined, in accordance with the NYSE’s listing standards and the Firm’s independence standards, that each non-management director…had only immaterial relationships with JPMorgan Chase and accordingly is independent”…
(Excerpt) Read more at wallstreetonparade.com ...
"Must be a board meeting."
“Tragic” may be a bit of an overstatement, though his family will certainly be distraught. It was his seventieth birthday; the spin around the racetrack was probably a little gift to himself. This will be big news in Chicago. The Crowns are one of that city’s prominent multi-generational Jewish billionaire clans.
Lol
Crown was a big financier of Leftist kookery of all kinds.
One report had him driving a racetrack version of a Toyota Crown.
Crown’s father, 98, is still alive.
First Man Oh yeah. (another falls past) Hey. That was Wilkins of finance.
Second Man Oh, no, that was Robertson.
First Man Wilkins.
Second Man Robertson.
First Man Wilkins.
Second Man Robertson.
(Another falls.)
First Man That was Wilkins.
Second Man That was Wilkins. He was a good, good, er, golfer, Wilkins.
First Man Very good golfer. Very good golfer. Rotten at finance. It’ll be Parkinson next.
Second Man Bet you it won’t.
First Man How much.
Second Man What?
First Man How much do you bet it won’t? Fiver?
Second Man All right.
First Man Done.
Second Man You’re on.
First Man Fine. (shakes; they look at the window) Come on Parky.
Second Man Don’t do it Parky.
First Man Come on Parky. Jump Parky. Jump.
Second Man Come on now be sensible Parky.
At least it was on a closed track. Too many Vin Diesel wannabes are out there driving like maniacs on public streets.
Things that make you go hmmm!
Someone cut the tie rods
Or
Someone cut the brake line
Or
Someone put a mirror in the bushes and he swerved to missed his own car
Or
Someone put a in the car triggered by the odometer
There are loads of possibilities that have already been written about over the last 100 years.
Reckless lifestyles have gone up several notches since the 1990s. Personal habits...affecting the statistics. It’s like the record number of people on mountain climbing.
You really don’t need any help killing yourself on that track. I’ve driven it multiple times. There are walls to hit, runoffs with large rocks, etc. It’s not a place to drive flat out unless you’re very skilled and even then. Cook the brakes at the end of the back straight and the next time you need them is a hard right hander at speed with a wall ready to bite. I have not seen a report as to what he was driving but my M235 was more than enough car to get me in trouble.
P
Arkancide?
He knew things that “would put Hillary in prison…”
Are the Clintons board members?
Given enough time and money, man will always find a way to harm, maim, or kill himself. That’s just the way it is.
One report has him driving a souped-up version of a Toyota Crown (Avalon replacement). Big car likely more unforgiving in a jam.
The board of directors exists to execute a fiduciary responsibility to represent the interests of the shareholders a.k.a. the owners of the company. On the other hand he CEO is an employee, hired by the board, and represents only himself and his own interests. Giving the CEO the power of controlling the board of directors is an inherent confect of interest and puts the interests of the owners below the interests of an employee. It makes the CEO totally unaccountable, virtually unfirable, and removes all independent oversight. .
It should be illegal.
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