JP Morgan Loss A Political Loser For Obama and Romney: Buzz Politics 5

May 14, 2012 AT 10:23 AM
JP Morgan's $2 billion loss was "stupid" according to CEO Jamie Dimon but it's worse for both Barack Obama and Mitt Romney neither is whom has a leg to stand on politically. For Obama he'll try to say his new rules kept it from being worse. For Romney it can't help Obama's releasing an attack ad today on Romney's record at Bain Capital.