Obama Vs. Dimon

In a note to clients, long-time bank analyst Dick Bove writes â??the United States government has made it a priority to break this company. In my view, it wants the firm broken up and it wants the management changed.â? As Bove points out, despite JPMorgan Chaseâ??s extraordinary performance â?? it is one of the nationâ??s top five money-making businesses across all industries â?? the media and the White House continue to insinuate that it is too big to manage, and too big to fail. The Obama administration, for sure, seems to be â??piling on.â?