Jamie Dimon managed to turn a multibillion-dollar trading loss into a winning moment.
The CEO of JPMorgan came sailing into the Senate office building this morning with a smile, and gave a pitch-perfect performance in explaining how a small group of traders in its London office screwed up a hedging strategy so badly that they lost at least $2 billion.
With Washington gripped by a widening Secret Service scandal, reporters just couldn’t steer clear of the salacious story. Soon after spokeswoman Victoria Nuland saluted the handful of underage observers, the questions moved to charges that Secret Service agents and other government workers cavorted with strippers and prostitutes while on overseas assignments. Nuland lamented the topic du jour and one Department employee jokingly moved to cover his daughter’s ears.
The challenge to Arizona’s tough immigration law may have the justices thinking about their own families’ origins and journeys to America. As Reuters reports today, nearly all of them, like their countrymen, descend from people who came looking for a better life (the notable exception is Justice Clarence Thomas whose great-grandmother was a slave).
WASHINGTON (Reuters) – Late-night TV comedian Jimmy Kimmel admits he is anxious about headlining his first White House Correspondents Dinner this coming Saturday, and his self-confessed lack of insight into Washington doesn’t help calm his nerves.
The star of ABC’s “Jimmy Kimmel Live!” told Reuters his interest in politics is roughly equal to his interest in sports — and in reality TV star Kim Kardashian.
It began and ended at a kitchen table in Pennsylvania. Rick Santorum’s improbable and surprisingly long run for the White House is over. But the Republican Party will feel the effects of this game-changing gambit cooked up in a kitchen for some time to come.
Ah, if life were only like an Etch A Sketch, a little shake would allow us to erase those mistakes and messy parts. But to invoke the magical toy to explain Mitt Romney’s presidential hopes might have been a mistake, one worth erasing with a shake.
It seems that every Romney win is followed by a Romney gaffe. This time, after his Illinois victory last night, it was not the candidate who stepped in it, but rather his adviser Eric Fehrnstrom, who wanted to talk about what Romney would be like in a general election against President Obama.