5.19.2012

Now you mention it

Obama Touts Reforms After J.P. Morgan Loss - WSJ.com
WASHINGTON—President Barack Obama on Saturday pointed again to the multibillion-dollar trading loss at J.P. Morgan Chase as a reason Congress should retain and continue to implement Wall Street reforms to prevent the kinds of practices that he says led to the financial meltdown in 2008.
This wasn't clear, say, six weeks ago? Six months? Three years?

Maybe it just took him all this time to find a phone booth.

No comments: