Dimon is also popular on Wall Street and the banking industry because of his strong leadership of the bank through the crisis. JPMorgan's government-assisted takeovers of Bear Stearns and Washington Mutual, as well as its hasty repayment of bailout funds, may have bolstered his case for a role in the capitol once he retires from the bank.
The Post says "a number of policy makers" have begun mentioning him as a Geithner successor, although it cites anonymous sources and his name has been tossed about speculatively -- and at times jealously -- by those in the industry for some time. It's unclear whether the article originated with sources close to Dimon, who may well want the job, or with decision-makers in Washington.
-- Written by Lauren Tara LaCapra in New York
For an opinion piece on the rumor, see:JPMorgan's Dimon in the Rough: Today's Outrage.
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