Banking Sector Puts Its Money On Mitt Romney

boston.com:

When Jamie Dimon of JPMorgan Chase met with shareholders to answer for a trading loss of more than $2 billion Tuesday, it was against an evolving political backdrop: Donors from big banks are betting on Mitt Romney to defeat President Obama and repeal new restraints on risky, large-scale investments.

Read the whole story: boston.com

Comments

[den1953]

02:12 PM on 05/18/2012

So that is how 5 million disappears and the top big to fail banks have no clue how it happens, one thing for sure the big banks can rely on Mitt Romney to bail them out should they need him, just sign it away Mitt Romney,it is the only thing Corporate America asks you to do!

[HOMEY1]

01:12 PM on 05/18/2012

the american people will fix all of this with OBAMA/2012. ITS A SURE THING BAGGERS so when it happens you can always refuse to have police help you and fight fires yourself and start up the pony express again for your bagger mail. treat yourself when you are sick grow your own food so you dont waste fuel on getting it to you.

[yauxeybalba]

12:55 PM on 05/18/2012

Banking Sector Puts Its Money On Mitt Romney - more likely-
Banking Sector Puts Its Money In Mitt Romney's Pocket

[dennidus1680]

01:57 PM on 05/18/2012

What's the difference? They obviously feel that Romney will better do what he is told. That should be reason enough to not vote for him by itself. Hopefully, they will lose a lot of money and Obama, in his second term might not feel he has to suck up to them like before.

[Grannysue]

12:48 PM on 05/18/2012

Well of course they are, they want to make sure the free for all keeps going, Mitt will be George Part 2.

[dennidus1680]

01:59 PM on 05/18/2012

He's a Bush clone. Why do Republicans want to run another empty suit for President? Maybe because he'll do exactly what he is told without trying to understand the repercussions.

[AFRescue143]

12:14 PM on 05/18/2012

How can this be true? After all we have read over and over again by the tr011s that Obama is in Bed with Wall Street and that WS gives more money to the Democrats than the GOP...HOW can this be? Do you mean to tell me that a tr011s lied? Wait a moment.............it is fact that tr011s lie so why am I not surprised at that?

[dennidus1680]

02:03 PM on 05/18/2012

If you stop to think about it Clinton was a Republican lite and they hated him. He gave them "ending welfare (not corporate) as we know it," "free trade" and "the repeal of the depression era banking laws." Obama is more right wing than Clinton was and the hate him more. Why? Maybe it's time to really be a Democrat because being more like the Republicans isn't working for them.

[tangelan]

12:09 PM on 05/18/2012

Even after a 2008 and JP Morgan Chase recent loss they still haven't learned ANYTHING. And JPMC is the strongest bank. The banks know that Mitt's going to give them a free pass. Is this a doomsday scenario or what?

[SPacific]

11:49 AM on 05/18/2012

Just one more reason to vote for Obama/Biden.............

[tangelan]

12:03 PM on 05/18/2012

I was just about to post the same.

[SPacific]

12:08 PM on 05/18/2012

Great minds think alike ;)

[Chris Bayne]

11:34 AM on 05/18/2012

No surprise here, Obama saved them so like the vultures they are, time to move on to fresh prey. They know Mitt won't reinstate Glass Stegal or any significant regulation, because he's one of them. If the GOP can privatize SS, it will mean billions more for the Banks and Wall Street casino, and some ircredible bonus money. Yep the big money is salivating for Rmoney.

[RealistBC]

11:31 AM on 05/18/2012

Obama was the better choice for Wall Street to remain independent of the big energy companies, for whom McCain was the candidate. But as Obama isnt one of the richest men in America, it's time to throw him aside now that his usefulness and compliance are minimal compared with having one of their own in the top job.

[lindaforobama]

11:19 AM on 05/18/2012

Of course they do. They are corrupt and want to continue to corrupt the GOP. Not a hard thing to do - because the GOP = GREED!!!!!!

[MrStat1]

11:49 AM on 05/18/2012

What are you complaining about? You Leftists have your union thugs to get money from.

[RealistBC]

12:19 PM on 05/18/2012

What a vile world you live in, powerless against the phantoms of your fears

[SpeakupNation]

11:11 AM on 05/18/2012

Not a surprising development. But it belies the idiotic characterizations of Obama as both a 'socialist' and a tool of Wall Street. Willard the REAL tool.

[nothingchanges]

11:09 AM on 05/18/2012

Something the Democrats would do well to remember,

When the "Too Big To Fail Banks" come to them for the NEXT bail out.

"How sharper than a serpents tooth, to have an ungrateful child".

Or even an entire industry, that SHOULD have gone down the tubes.

[Dakotadem]

11:08 AM on 05/18/2012

Yes, and we know how "wise" the banking sector has been about placing its money.

[anghiari]

11:02 AM on 05/18/2012

DUH!

[voodoo8]

11:01 AM on 05/18/2012

Rhetorical, duh story of the day!