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Matt Cartwright: “Those deals that you put together, they cost workers 18,000…”

Featuring: Matt Cartwright, Democratic | Former U.S. House, Pennsylvania, District 8

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PA 8th Congressional District Debate

Published | Video Starts at 43:40

The fact of the matter is, John, you were a functionary for Jamie Dimon at J.P. morgan. You know less about making jobs than anybody in this room. All you ever did was destroy jobs. Those deals that you put together, they cost workers 18,000 jobs. The Washington Mutual merger and also the Bear Stearns merger. We're talking about fire room clerks and secretaries and IT professionals. 18,000 people lost their jobs. That's what you know how to do. I'll allow you 30 more seconds if you'd like. (43:40–43:51)

CLAIM

Asserts that mergers involving Washington Mutual and Bear Stearns cost 18,000 jobs.

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