In case any of you are interested:
Following the acquisition of Washington Mutual by JPMorganChase, President Barack Obama had this to say about Dimon's handling of the real-estate crash, credit crisis, and the banking collapse affecting corporations nationwide, including major financial institutions like Bank Of America, Citibank, and Wachovia:
“ You know, keep in mind, though there are a lot of banks that are actually pretty well managed, JPMorgan being a good example, Jamie Dimon, the CEO there, I don't think should be punished for doing a pretty good job managing an enormous portfolio. ”
After Obama won the 2008 presidential election, there was some speculation that Dimon would serve in the Obama Administration as United States Secretary of the Treasury. Obama eventually named President of the Federal Reserve Bank of New York Timothy Geithner to the position.