» News

Obama Has Over $500,000 with JP Morgan Chase

Home - by - May 16, 2012 - 11:30 America/New_York - 8 Comments

The Weekly Standard

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.

Barack Obama
Additionally, according to the disclosure forms, President Obama has between $1,001-$15,000 in a JP Morgan Chase checking account.

Disclosures are made in estimated numbers; precise dollar amounts need not be revealed.

These assets perhaps help explain President Obama’s recent praise of the bank. “JPMorgan is one of the best-managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we got and they still lost $2 billion and counting,” President Obama said on the View yesterday.




  1. Stirrin the B.S.

    May 16th, 2012

    “….Obama has between $500,000-1,000,000 in assets in a JP Morgan Chase….Private Client Asset Mgmt Checking Account….”

    I’d bet that whole amount that every penny in that account has been accumulated since he took office.

    Therein lies his number one goal – to fundamentally transform his bank account. That America transformation thing is secondary.

    Thumb up 0

  2. norman einstein

    May 16th, 2012

    That’s IT?
    If that’s all they’re paying him, he’s a bigger idiot than I thought!

    Moose has spent more than that on her personal expenses over the past 3 years… if you include food, booze, clothing, food, travel, food, boob belts, food, nips and tucks, food, jewellery, food, wighats, food, etc. food, etc…

    Thumb up +5

  3. mcnorman

    May 16th, 2012

    $500,000 is his allowance from Soros. Obviously, Barack hasn’t been bowing low enough if that’s all he’s getting from him.

    Thumb up +3

  4. Cruisin' Cat

    May 16th, 2012

    I guess soro’s decided at some point that zero had panhandled enough money…

    Thumb up 0

  5. Diann

    May 16th, 2012

    The better news: In North Carolina, Rassmussen says: Romney 51% / Obama 43%

    Don’t let the door hit you on your wealthy ass on your way out of the White House you douche.

    Thumb up +1

  6. Bob M.

    May 16th, 2012

    Yeah, but that account is specially-marked: “NOT House Money!” :roll:

    That account can ONLY increase – NEVER decrease…

    Thumb up +1

  7. TCNC

    May 16th, 2012

    I wouldn’t get too worked up here. This is a purposeful disclosure. It goes like this. People will say, “Obama is really wealthy – he’s a fraud.” Others (MSM for example) will say, “Yea, but look at Romney, he has millions and millions of dollars – and he made it by laying people off – he’s even worse….” The press will spin this to make Romney’s wealth look far more evil and once again, Obama comes off looking like the victim. Just watch.

    Thumb up 0

  8. Anonymous

    May 16th, 2012

    .. and to add, he will be accepting his party’s nomination at the Bank of America Stadium in September.

    Libs, pay no attention to the naked Emporer in the closet,

    Thumb up 0