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JPMorgan's Dimon in the Rough: Today's Outrage

Congressional Republicans may like Dimon now, but how would they treat him as Treasury Secretary in a Democrat-controlled White House? He's got to be wondering that very thing.

But I'm getting ahead of the story. Geithner's not gone and there's no indication that Obama is going to succumb to this partisan bullying any time soon.

In the meantime, Dimon is in a rough spot. He may well want the Treasury gig, but he's got to work with Geithner for as long as Obama sees fit to keep things the way they are.

Congressional Republicans should keep that in mind as well.

--Written by Glenn Hall in New York.

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