Public Editor

May 22, 2012 2:30 PM

Term for President Obama's JPMorgan Chase account

One of my favorite calls so far this week: A caller this morning questioned a term from "The Buzz" on Sunday. "I don't think it's really appropriate to refer to (Obama's) money at JPMorgan Chase as 'a hefty stake,' like it says in 'The Buzz,'" he said. "He has an equity interest in it, but to phrase it that way suggests that he has a role in directing how (the bank) allocates its resources

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