Obama said this AFTER the $2B gambling loss and after the Sunday Show in which Jamie Dimon, the head of JPMorgan, said "We know we were sloppy. We know we were stupid. We know that there was bad judgement."
Why would Obama say that?
Maybe:
Obama Has Over $500,000 with JP Morgan Chase
According to just released disclosure forms, President Barack Obama has between $500,000-1,000,000 in assets in a JP Morgan Chase account. The full title of the account, as it's written on the disclosures, is "JPMorgan Chase Private Client Asset Mgmt Checking Account." It is a jointly held account, presumably with First Lady Michelle Obama.
http://www.weeklystandard.com/blogs/...se_645021.html