HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » STOCK MARKET WATCH -- Tue... » Reply #126

Response to Demeter (Reply #125)

Tue May 22, 2012, 01:11 PM

126. Obama has assets in JPMorgan accounts: White House

 

http://finance.yahoo.com/news/obama-assets-jpmorgan-accounts-white-222254441.html

President Barack Obama has $500,001 to $1 million in a JPMorgan Chase private client asset management checking account, according to financial disclosures released by the White House on Tuesday. Obama said this week that JPMorgan was "one of the best managed banks there is"

(Obama, in an appearance on the daytime TV show "The View," which was taped on Monday and aired on Tuesday, praised JPMorgan chief Jamie Dimon and said the bank's loss showed the need for strong financial oversight. "You could have a bank that isn't as strong, isn't as profitable making those same bets and we (the government) might have had to step in. That's exactly why Wall Street reform's so important," he said.)


... despite its $2 billion trading loss being investigated by the Securities and Exchange Commission.

THAT'S SURE TO BUILD PUBLIC CONFIDENCE IN BANKSTERS!

"This is a checking account used by the president and the first lady," said White House spokeswoman Amy Brundage. "It is the equivalent of an interest-bearing checking account available at many other financial institutions," she said, noting that it generated less than $201 in interest income in 2011. The president's 2011 disclosures also included a regular JPMorgan Chase checking account in the $1,001 to $15,000 range. His other principal assets included $500,001 to $1 million in U.S. Treasury bills and between $1 million and $5 million in U.S. Treasury notes. In a note about the annual financial statements that were posted online, the White House said "neither the president nor the vice president have any conflicts of interest."

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 153 replies Author Time Post
Tansy_Gold May 2012 OP
westerebus May 2012 #1
westerebus May 2012 #2
Po_d Mainiac May 2012 #3
Demeter May 2012 #4
westerebus May 2012 #7
Demeter May 2012 #11
westerebus May 2012 #16
Po_d Mainiac May 2012 #17
Fuddnik May 2012 #19
Tansy_Gold May 2012 #20
Tansy_Gold May 2012 #18
Demeter May 2012 #21
Tansy_Gold May 2012 #61
Fuddnik May 2012 #71
Po_d Mainiac May 2012 #75
Demeter May 2012 #80
westerebus May 2012 #81
Demeter May 2012 #85
Tansy_Gold May 2012 #88
Demeter May 2012 #97
Tansy_Gold May 2012 #99
Fuddnik May 2012 #107
Po_d Mainiac May 2012 #93
Ghost Dog May 2012 #106
kickysnana May 2012 #91
Demeter May 2012 #98
AnneD May 2012 #114
Demeter May 2012 #5
Demeter May 2012 #6
Demeter May 2012 #8
Demeter May 2012 #9
Demeter May 2012 #10
Demeter May 2012 #12
Demeter May 2012 #13
Demeter May 2012 #14
Demeter May 2012 #24
Demeter May 2012 #34
Demeter May 2012 #35
Demeter May 2012 #15
girl gone mad May 2012 #25
Demeter May 2012 #39
Po_d Mainiac May 2012 #64
Demeter May 2012 #58
Demeter May 2012 #59
dixiegrrrrl May 2012 #150
bread_and_roses May 2012 #152
dixiegrrrrl May 2012 #153
Demeter May 2012 #22
Demeter May 2012 #23
Tansy_Gold May 2012 #144
Demeter May 2012 #145
Tansy_Gold May 2012 #146
Demeter May 2012 #147
Tansy_Gold May 2012 #149
Demeter May 2012 #26
Demeter May 2012 #27
xchrom May 2012 #28
DemReadingDU May 2012 #37
Demeter May 2012 #44
Fuddnik May 2012 #65
xchrom May 2012 #67
Fuddnik May 2012 #68
AnneD May 2012 #119
Fuddnik May 2012 #136
AnneD May 2012 #151
Demeter May 2012 #74
xchrom May 2012 #29
Demeter May 2012 #30
Demeter May 2012 #31
bread_and_roses May 2012 #72
Demeter May 2012 #86
DemReadingDU May 2012 #115
xchrom May 2012 #32
Demeter May 2012 #33
Demeter May 2012 #36
Demeter May 2012 #38
xchrom May 2012 #40
xchrom May 2012 #41
Demeter May 2012 #66
Demeter May 2012 #87
Demeter May 2012 #100
Demeter May 2012 #102
AnneD May 2012 #124
Demeter May 2012 #42
xchrom May 2012 #43
Demeter May 2012 #57
xchrom May 2012 #62
Demeter May 2012 #45
Demeter May 2012 #46
Demeter May 2012 #47
Demeter May 2012 #48
xchrom May 2012 #49
Demeter May 2012 #52
xchrom May 2012 #53
Demeter May 2012 #63
xchrom May 2012 #78
Ghost Dog May 2012 #108
xchrom May 2012 #109
Demeter May 2012 #50
xchrom May 2012 #51
Ghost Dog May 2012 #111
Demeter May 2012 #54
Demeter May 2012 #56
just1voice May 2012 #130
Demeter May 2012 #132
Eugene May 2012 #148
Demeter May 2012 #55
Fuddnik May 2012 #69
bread_and_roses May 2012 #70
Po_d Mainiac May 2012 #76
Tansy_Gold May 2012 #138
Demeter May 2012 #60
Ghost Dog May 2012 #112
Roland99 May 2012 #73
Roland99 May 2012 #82
Demeter May 2012 #77
Ghost Dog May 2012 #113
Tansy_Gold May 2012 #79
Roland99 May 2012 #83
Demeter May 2012 #84
xchrom May 2012 #89
Demeter May 2012 #103
xchrom May 2012 #90
xchrom May 2012 #92
Tansy_Gold May 2012 #94
xchrom May 2012 #95
Tansy_Gold May 2012 #96
Demeter May 2012 #104
Roland99 May 2012 #101
Demeter May 2012 #105
AnneD May 2012 #110
Ghost Dog May 2012 #116
AnneD May 2012 #122
Ghost Dog May 2012 #117
Demeter May 2012 #118
Demeter May 2012 #120
Demeter May 2012 #121
Demeter May 2012 #123
Demeter May 2012 #125
LineLineLineReply Obama has assets in JPMorgan accounts: White House
Demeter May 2012 #126
Demeter May 2012 #128
Po_d Mainiac May 2012 #127
Eugene May 2012 #129
Tansy_Gold May 2012 #131
Demeter May 2012 #134
Roland99 May 2012 #133
Demeter May 2012 #135
Roland99 May 2012 #137
Fuddnik May 2012 #140
Po_d Mainiac May 2012 #141
Roland99 May 2012 #139
Demeter May 2012 #142
Roland99 May 2012 #143
Please login to view edit histories.