Jamie Dimon managed to turn a multibillion-dollar trading loss into a winning moment.
Tales from the Trail
President Barack Obama signed a $600 million bill to strengthen border security, and just to make sure the message got through, Homeland Security Secretary Janet Napolitano took the podium at today’s White House media briefing. Immigration has always been a tough political issue, and in an election year no great strides are expected on major reform before the November vote. “It cannot only be done by Democrats. The Republicans need to come to the table,” Napolitano said.