FBI Probe of JP Morgan Chase Won’t Matter; Firm Donated $808,799 to Barack Obama
In their latest Daily Beast article, Newsweek reporter Peter Boyer and contributing Breitbart News editor Peter Schweizer argue that JP Morgan Chase and Jamie Dimon have little to fear from the FBI’s probe into the financial giant’s nearly $3 billion bad bet.
Why JPMorgan Chase Should Not Fear FBI Probe
President Obama’s passive-aggressive relationship with Big Finance, in which the president and his team alternately woo and excoriate Wall Street, may have reached a new level of audacity this week. On Tuesday, a “law enforcement” source leaked that the Department of Justice had launched a criminal investigation into the trading loss by JPMorgan Chase that…