Obama chooses Chase banker as chief of staff

Story here.

William Daley has been serving as Midwest chairman for JPMorgan Chase and is the brother of the current Chicago mayor and the son of famed Chicago mayor Richard Daley.

How unfortunate.  With a Chase insider this high in the US government, we can only wonder whether a crack down on Chase’s abusive practices (like parallel foreclosure) will ever happen.

1 Comment

  • By MRJOHN, January 8, 2011 @ 9:25 am

    I hope can now realize the link establiched between the Obama administration and J.P. Morgan Chase Bank. First Obama cozying up to Chase CEO Jamie Demon and now this move. To everyone Chase has “screwed over” try to remember this fact in the upcoming 2012 elections.

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