03:05 PM
Treasury Secretary Dimon?
A column on Bloomberg.com paints an interesting picture of a future without Tim Geithner as head of the Treasury. Columnist David Reilly seems to think all signs are pointing to J.P. Morgan Chase's CEO Jamie Dimon as the most logical successor to Geithner, assuming the current treasury secretary is ousted-which he just might be, considering the heat he has gotten over the AIG bonuses and aspects of the bank bailout.Cool, calm and collected when under public scrutiny, a Treasury Secretary Dimon would be a stark contrast to the sometimes uneasy-looking Geithner, opines Reilly.
But what would J.P. Morgan do without its leader at such a crucial time? Reilly isn't necessarily saying Geithner is toast and that Dimon is next in line for the job. But stranger things have happened in this industry. And a "Dimon-less" J.P. Morgan does give people something to think about-especially if you work for or invest in the bank.