Alexis Simendinger, RealClearPolitics
President Obama and JPMorgan Chase CEO and Chairman Jamie Dimon each tried to make complex facts fit simple narratives this week. The president may have the easier task.Were JPMorgan's more than $2 billion in trading losses "stupid," but part of doing business, as Dimon suggested, or painful evidence that risk-taking by financial institutions poses a systemic threat and demands tougher federal restrictions, as Obama indicated Monday?At least one contrast the president wanted to present against Mitt Romney suddenly looked sharper, thanks to JPMorgan's self-inflicted black...
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