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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (663333)	7/21/2012 10:12:17 PM
From: FJB	Read Replies (1) \| Respond to of 1576765

RE:however, there is real estate valued well in excess of a million dollars Does he still own the property purchased from FELON Rezko?

To: i-node who wrote (663333)	7/21/2012 11:08:43 PM
From: puborectalis	Respond to of 1576765

According to USA Today, Obama is a wealthy man, having assets of as much as $10 million. That amount would actually classify him as one of the poorest of U.S. Presidents of our time, as George Washington takes the crown for wealthiest. Another highlight that might intrigue people of this year's financial disclosure statement from Obama is that he has an incredibly large stake in JPMorgan Chase. Yes, THAT JPMorgan Chase that just made one of the worst bets in trading history, losing $2 billion. The president has an account at the bank for between $500,000 and $1 million. Now to head a nation with a $15.6 trillion bill of debt, it would be hard to imagine anyone backing government-based currencies. But Obama, despite the largest amount of debt in the United States' history, has more than half of his assets in Treasury bills and notes. I guess his level of confidence in the Treasury can contribute to this large investment. Obama's assets range in amount between $2.6 million and $9.9 million, while he holds a mortgage on his Chicago home of $500,000 to $1 million. On top of that net worth, the president receives his annual salary of $400,000. Much of Obama's wealth hails from his book royalties, as indicated by his tax filings. The disclosure form lists $100,000 to $1 million in royalties from Dreams From My Father, $100,000 to $1 million from Of Thee I Sing: A Letter to My Daughters, and $50,000 to $100,000 from The Audacity of Hope. In full, Obama's net worth is about $10 million.