GULP!
The Business Journal-
President Barack Obama had some kind words for J.P. Morgan Chase on ABC’s “The View” this morning, calling it “one of the best-managed banks there is” despite its $2 billion loss on risky trades.
Now we know that Obama puts his money where his mouth is: The president’s financial disclosure forms, released this afternoon, show that Obama and his wife, Michelle, have more than $500,000 in a J.P. Morgan Chase private client asset management checking account.
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