WASHINGTON — President Barack Obama tried Monday to tarnish Mitt Romney as a corporate titan who got rich by cutting rather than creating jobs, opening a new effort to undercut the Republican’s claims that his background of business success is just what America needs in a time of deep economic uncertainty.
The president’s 2011 disclosures also included a regular JPMorgan Chase checking account in the $1,001 to $15,000 range.
His other principal assets included $500,001 to $1 million in US Treasury bills and between $1 million and $5 million in US Treasury notes.
Public figures in the United States are required by law to publish their assets and investments to avoid conflicts of interest, and the White House releases disclosures for Obama and Vice President Joe Biden each year.
“Obama, in an appearance on the daytime TV show “The View,” which was taped on Monday and aired on Tuesday, praised JPMorgan chief Jamie Dimon and said the bank’s loss showed the need for strong financial oversight.”.
Phaedon George is a business journalist based in Hobart, Australia. Phaedon has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Phaedon spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.