JPMorgan CEO says foreclosure deal threatened ( by Obama Task Force)

[dixiegrrrrl]

Why am I having a hard time believing this???

Thu Jan 26, 2012 10:32am EST

(Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said President Barack Obama's decision to expand investigations into home lending and sales of mortgage securities could stop settlement talks with the states over foreclosure practices.

"It has a pretty good chance of derailing it," Dimon said in a televised interview with CNBC from Davos, Switzerland on Thursday.

Obama, in his State of the Union address Tuesday, said he has asked his attorney general to create a special unit of prosecutors to expand investigations into home lending and packaging of mortgage-backed securities. It is not clear how the new unit will be different from earlier investigations.

http://www.reuters.com/article/2012/01/26/us-jpmorgan-foreclosure-idUSTRE80P0UC20120126

[glowing]

1. Good, those slimy bastards need to go.

[FreakinDJ]

2. Hope he prys the Bonus Check from your cold dead hands

[RC]

3. Why would this derail anything

if they were even reasonable honest, that is?

[Angry Dragon]

4. Good

[elleng]

5. Good to hear!

[bemildred]

6. Good. nt

[Po_d Mainiac]

7. Why?

cuzz you make judgements based on actions, not on verse.

Just image all the disappointment you won't be subjecting yourself too.

[magical thyme]

8. talk is cheap

I'll believe the banksters are unhappy and askeered when they withhold $$ from O's war chest and flood Newt/Mittens/Whichever GOP clown they think can win with it.

And when that happens, I promise I'll vote for O.

[eridani]

9. Excellent. Keep those calls and letters coming, folks. n/t

[applegrove]

10. Fine. Carry on Obama.