Share this on:
 E-mail
1,010
VIEWS
 
RECOMMENDS
24
SHARES
About this iReport
  • Approved for CNN

  • Click to view k3vsDad's profile
    Posted May 15, 2012 by
    k3vsDad
    Location
    Farmersburg, Indiana
    Assignment
    Assignment
    This iReport is part of an assignment:
    Sound-off

    More from k3vsDad

    Obama Banker: JPMorgan Chase

     

    Did anyone pay attention to the financial forms released by the White House today on President Barack Obama?

    There is definitely some interesting information contained on those forms.

    Remember  just yesterday how the President said this about JPMorgan Chase, the  bank that blew $2 billion of its own money in a bungled hedge, "one of the best managed banks there is"?

    Then the President went on to say about the man who is the head of that bank, "one of the smartest bankers we got".

    Yes,  we all know that the banker, Jamie Dimon, is one smart cookie. We also  know he has contributed a lot of money to Team Obama.

    But  what we learned from the financial forms today is why the President  seems to have such admiration for both the bank and Dimon, beyond the  campaign contributions.

    Chase is the bank for the President and his family. Dimon is Obama's banker.

    And  now we should expect the President to push hard to make sure there were  no irregularities and believe him when he said on The View today tht  the bank and its loss are "going to be be investigated"?

    This  does raise some question marks and explains, maybe, why the banks have  grown by 45% from 2008 when they were too big to fail and why  regulations haven't taken much of a bite.

    Makes you wonder why no arrests for corruption or fraud or something.

    From the Cornfield, if I wasn't before, I am now more skeptical than ever.

    http://news.yahoo.com/blogs/ticket/obama-financial-forms-show-big-jp-morgan-account-213119081.html

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.

    Comments

    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story