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According to ABC News, JP Morgan Chase is going ahead with plans to spend $138 million on two corporate jets and a "luxury" hanger to house them.
But, incase you were thinking that seems a bit off in the current climate, don't worry - the purchase of these essential items won't be funded by the $25 billion in TARP money the bank recently took from the taxpayer.
ABC notes that chairman Jaime Dimon - who received over $19 million in compensation last year - recently opined: "When I hear the constant vilification of corporate America I personally don't understand it."
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