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Forum Post: Obama Praises JP Morgan and Jamie Dimon

Posted 7 years ago on May 14, 2012, 8:46 p.m. EST by guru401 (228)
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"JPMorgan is one of the best managed banks there is," Obama said during a taped interview that will air on ABC's The View. "Jamie Dimon, the head of it, is one of the smartest bankers we got, and they still lost $2 billion and counting."




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[-] 2 points by TrevorMnemonic (5827) 7 years ago


[-] 1 points by writerconsidered123 (344) 7 years ago

yes but it's nice to know that Obama is pro gay marriage

[-] 1 points by SteveKJR1 (8) 7 years ago

Just goes to show you how much of a financial wizzard the Obimination is. He wants to make it so these corporations will be "too big to fail" and be protected - by you and me the taxpayer.

Wait and see how all this plays out with new regulations in place - may take a year or so to do it however.