Obama: JPMorgan Is 'One of the Best-Managed Banks (4)
IamTab: While a powerhouse like JPMorgan might be able to weather an error that the bank's own CEO called "egregious," the president questioned what might happen to smaller institutions in similar situations.
"This is one of the best managed banks. You could have a bank that isn't as strong, isn't as profitable managing those same bets and we might have had to step in," he said."This is one of the best managed banks?" OMG how stupid and /or how far out of touch is this buffoon?
"This is one of the best managed banks. You could have a bank that isn't as strong, isn't as profitable managing those same bets and we might have had to step in," he said."This is one of the best managed banks?" OMG how stupid and /or how far out of touch is this buffoon?
Obama sits in the knee of JPMorgan and acts like a puppet on their behalf.
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Zebaztian: Obama sits in the knee of JPMorgan and acts like a puppet on their behalf.
You mean he kisses their butt in hopes they may drop money on him.
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JP Morgan too big to regulate?
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Created: May 2012
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"This is one of the best managed banks. You could have a bank that isn't as strong, isn't as profitable managing those same bets and we might have had to step in," he said.
"This is one of the best managed banks?" OMG how stupid and /or how far out of touch is this buffoon?