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Obama Names JPMorgan's William Daley Chief Of Staff

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This is what it's about, people. Mending fences, not just between the White House and the business community but two former bros, neither of which want to be the one to make the first step towards rekindling what they had.

Former Commerce Secretary William Daley has been chosen by President Obama to become his chief of staff, according to media reports Thursday. Daley, who currently serves as Midwest chairman at J.P. Morgan Chase, will succeed Rahm Emanuel, who left in October to pursue the mayoral office in Chicago.

[via MarketWatch


JPMorgan Chief Risk Officer: "I want to reiterate the critical role that we play at J.P. Morgan Chase"

In case that was unclear. Also, no more "surprises" like you know what again, please.