J.P. Morgan Chase has arrived in California. After buying Washington Mutual Bank (minus unsecured debt or equity claims) from the FDIC last September, they are now renaming the WaMu branches in California to Chase. This is accompanied by a TV ad campaign, which has, of all the possible music, a cover of John Lennon’s Instant Karma as sound track. To be fair, they don’t use the beginning of the song
Instant Karma’s gonna get you
Gonna knock you right on the head
You better get yourself together
Pretty soon you’re gonna be dead
but the much less karma-ish sounding portion
Well we all shine on
Like the moon and the stars and the sun
Well we all shine on
Ev’ryone come on
Still – is this an attempt at irony or simply ignorance of what the song’s about?
A curious coincidence: The 1970 Instant Karma marked the first time that Phil Spector produced a Beatles song, well, sort of a Beatles song. Many thought it was his job interview for the post-production of Let It Be. On April 13, 2009, Phil Spector was found guilty of second-degree murder by a Los Angeles jury.
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