JPMorgan Chase CEO Emerges as Treasury Secretary Candidate

Discussion in 'Wall St. News' started by Debaser82, Nov 23, 2009.

  1. It’s not clear he’s going anywhere but if Treasury Secretary Tim Geithner were to lose his job, JPMorgan Chase (JPM) CEO Jamie Dimon is emerging as a potential replacement, the New York Post reported.

    A number of policy makers have begun mentioning Dimon as a successor to Geithner, who has come under new attacks over his handling of the U.S. economy and ties to Wall Street, the paper reported, citing unnamed sources.

    Still, it seems unlikely at this point that President Barack Obama would accept Geithner’s resignation. And even if he did, it might be tough to convince Dimon to give up his big salary at JPMorgan, which has been seen as one of the healthiest U.S. banks.

    People familiar with Dimon’s thinking told the Post he “would love to serve his country” but that he believes Geithner is doing “a good job” and plans to stay at JPMorgan for another “six or seven years.” Dimon was considered a candidate to lead the Treasury Department last year after Obama was elected.
  2. wmb


    More of the same nonsense. how about a woman with some fresh ideas maybe someone who doesnt have to worry about playing golf with lloyd!
  3. wmb


    haha is it lord / lloyd same ole same ole stuff different day!
  4. He wants GS to buy JPM first. Then he'll have a better chance at getting that job. :cool:
  5. Yes. What about the woman who blew the whistle on Greenspan and Bernake and then got fired for it. I think her name was Echo or something like that.
    Obvious choice but none of the gov bastards want to go there.
  6. spinn


  7. You nailed it. Don't know where I got the other name.:D
  8. We need a new version with a pic of Obama as the puppet.

  9. And you nailed that one too.
  10. 1. Geithner isn't going anywhere. The earliest he would leave would be after the mid-term elections if the Dems get whupped.

    2. Eliot Spitzer should be Treas Sec
    #10     Nov 23, 2009