So it appears Tim Geithner is leaving soon. Well, his free market principles have hurt job creation and hurt progressive economics so I'm glad he's going, but guess whose name is being bandied around?
FALL EXIT? Treasury Secretary Timothy Geithner would like to leave the Obama administration this fall if economic conditions are stronger and the debt ceiling debate is resolved in a timely manner, according to a person familiar with his thinking.
Possible replacements to be President Barack Obama’s top economic adviser, according to a senior administration official, include Erskine Bowles, White House chief of staff under President Bill Clinton, and Roger Altman, a prominent investment banker and former deputy Treasury secretary.
Jamie Dimon, chief executive of JPMorgan Chase, is considered a strong dark-horse candidate. Dimon has said he is not interested in public office but many on Wall Street believe he would accept the job if asked by Obama. But the White House will have to decide whether Dimon, who leads the most successful bank in the U.S., is too closely aligned with Wall Street.
The news of Geithner leaving has been on the blogs for a few days day and as a joke, guess what came up?
Let's take a look at Dimon since Obama was elected.
— Jamie Dimon, chief executive of JPMorgan Chase, lived up to his reputation as a fierce defender of his profession on Thursday when he told listeners in Davos, including the president of France, that he was fed up with banker bashing.
Mr. Dimon said at the World Economic Forum that he was sick of “this constant refrain — bankers, bankers, bankers.”
And there's these fine moments of whinery:
As Digby says;
Yesterday a bunch of us were joking about Jamie Dimon becoming the new treasury secretary when Timothy Geithner departs. It was a lot of fun. Hahaha, how ridiculous would that be?