Barry Willoughby, Fort Myers
He did what?
A few weeks ago, President Barack Obama said JPMorgan was one of the best run financial institutions in the world. He had nothing but glowing praises for CEO Jamie Dimon after JPM lost over $2 billion.
Then, we learn Obama has up to $1 million deposited at JPM, perhaps money accumulated as a payoff for all the campaign contributions Dimon and JPM have given to the Obama money coffers. Of course, the mainstream media had very little to report about this.
Instead, in an attempt to placate Wall Street Occupiers and loyal Democrat Keynesian socialists, the story shifted to Obama insisting that a "tougher interpretation" of the regulations aimed at "preventing banks from making bets with their own money," be legislated.
How dare those financial institutions!
Obama's got up to a million dollars stashed away at JPM.
The audacity of President Obama to think all that money is his.