JPMorgan, You're Embarrassing Yourself

Now this is just getting ridiculous…

JPMorgan Chase, one of the lead underwriters on the highly anticipated Facebook IPO, has already adorned its midtown Manhattan office today with massive banners, “Like” buttons and a flag dedicated to the social networking site.¬†

Now the bank has really gone over-the-top by issuing Facebook IPO coffee sleeves and baseball caps that read “Facebook IPO.”

Any guesses with what they’ll do next? We’re thinking fleece jackets with Zuck’s face on the lapel.

Check out the images CNBC Tweeted. Scroll down to see our Editor-In-Chief Henry Blodget explain why all this hoopla is bad.

JPMorgan Facebook decorations

Photo: Twitter/ CNBC

Facebook IPO coffee

Photo: Twitter/ CNBC

Facebook IPO hat

Photo: Twitter/ CNBC

Facebook IPO JPMorgan

Photo: Twitter.com/hblodget

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.