The best thing President Obama ever did for his financial security was run for public office. A man of relatively moderate means who was able to afford his home in a wealthy Chicago neighborhood only because he got “help” from his good friend and convicted felon Tony Rezko, is now a multi-multi-millionaire.
"What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, have banks do something that's not going to risk the taxpayer dollars, that's not too big to fail,"… He added: "If they want to hedge what they're doing with their investments, let them do it in a way that's going to be market-to-market so they're never going to be hit."
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