Daley Has $7.7 Million of JPMorgan Stock to Divest on Way to White House

[PoliticAverse]

Source: Bloomberg.com

...
White House lawyers also are reviewing whether Daley will have to recuse himself from some White House discussions to avoid potential conflicts stemming from his work as vice chairman of JPMorgan and his memberships on the boards of Abbott Laboratories and Boeing Co., according to an administration official.


Read more: http://www.bloomberg.com/news/2011-01-11/daley-has-7-7-million-of-jpmorgan-stock-to-divest-on-way-to-white-house.html

[Bigmack]

1. How can some of you people...

believe that he might serve corporate interests? :sarcasm:

[montanto]

2. Meh, who doesn't have $7.7 million worth of

some stock or other. How do you expect to find someone without that kind of connection? Come on!

:sarcasm:

[molly77]

3. He is there to keep an eye on Obama

just like Rahm did.Fire the clintonistas who are in the Obama administration.WE did not vote for hillary. She could not be voted in honestly as dog catcher.

[progressoid]

4. pfft. $7.7 million.

I have that just under my mattress. Doesn't everybody have a little nest egg like that?

[PoliticAverse]

6. I've got plenty of Consolidated Lint stock under my mattress... n/t

[theaocp]

5. I'm sure he'll work for Main Street

How dare anyone insinuate otherwise? Obama picked him, after all and he knows best! :sarcasm:

[emilyg]

7. kick

[cbdo2007]

8. People - honestly it would be impossible to find someone for Treasury Secretary

who doesn't have a bunch of money in the stock market.

Anyone who is smart enough about the economy to even be considered as treasury secretary is smart enough to know how to make money in the stock market. It would be impossible to find someone who didn't.

That would be like getting mad at the Yankees for hiring someone who had played baseball before.

[dixiegrrrrl]

13. " vice chairman of JPMorgan" and board memberships is a lot more than

" has some money in the stock market".

Former bankster, current corporate insider, is NOT a likely agent of changing the status quo.
And no amount of minimizing will alter who he is.

[Super Bobo]

9. And he's a Daley

He is dirty.
It runs in the family.

[defendandprotect]

10. Puke --

[sarcasmo]

11. The Banker, Politician cycle continues.

[IScreamSundays]

12. I am sure he will just put it in a "blind trust"

ala Cheney with his Halliburton stock.