Obama - JP Morgan Chase is still one of the best managed banks

[Danzig]

Originally Posted by Rudeboyelvis

Man of the People! No problems - they are doing an exemplary job, they just need the government to tell them what to do



>>>Just hours after a top JP Morgan Chase executive retired in the wake of a stunning $2 billion trading loss, President Obama told the hosts of ABC’s “The View” that the bank’s risky bets exemplified the need for Wall Street reform.

“JPMorgan is one of the best-managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we got and they still lost $2 billion and counting,” the president said. “We don’t know all the details. It’s going to be investigated, but this is why we passed Wall Street reform.”<<<

3 years after bankrupting the country by giving them our money, it still occurs and "this is why we passed Wall Street reform" LOL

http://abcnews.go.com/blogs/politics...managed-banks/

that's twice he's gone on that show. ought to be impeached (sarcasm alert just in case) for that alone!! can't believe that cackle-fest is still on the air, that anyone watches it, and that anyone who wants to be considered intelligent would go on it.