President Barack Obama praised the JP Morgan Chase in an interview recorded Monday as “one of the best managed Bank there is” and CEO, Jamie Dimon, “one of the smartest bankers who we got.” On Tuesday, the White House made a financial disclosure form featuring the President and Mrs. Michelle Obama between $ 500,001 and $ 1,000,000 in the “JP Morgan Chase private Client assets management checking account.”
A peek into the Obamas ‘ annual finance shows that the President held between $ 1,000,001 and $ 5,000,000 in U.s. Treasury notes, generating between $ 5,001 and $ 15,000 of interest. They also held between $ 500,001-$ 1,000,000 in Treasury bills.
Obama, who recently said he was only paying off student loan eight years ago, has done quite well by the daughters Sasha and Malia: disclosure shows four college savings each with between $ 50,001 and $ 100,000 in them.
Obama’s “Dreams from my father” a book of interest in royalty between $ 100000 and $ 1,000,000. “The Audacity of Hope” has a more modest income, making the Obamas between $ 50,001 and $ 100,000. Obama “Of Thee I Sing: A letter to My daughters” book produced between $ 100000 and $ 1,000,000 (although the form noting that those funds will go to the Fisher House Foundation to fund a scholarship in honor of the fallen soldier’s child or disabled).
Obamas report checking account JP Morgan Chase regular, this one worth between $ 1,001-$ 15,000, and registered interests of less than $ 201.