Sunday, February 6, 2011

More on Jamie Dimon's Fragile Ego

It's been observed recently that it's just not simply enough that the Very Rich remain Very Rich.  They need to be Loved, too.

Well, here's them earning some of that Love -- underwriting the Government's sale of it's bailout-bought toxic assets, even though they could make more money elsewhere.

Their Kind Hearts.

Oh, wait.  One of 'em wants to run for public office:

Dimon’s Legacy Elinor Comlay and Matthew Goldstein profile Jamie Dimon: “if Dimon seems unusually thin-skinned, many industry insiders say, it is an indication of the importance the 54-year-old Queens, New York native places on his legacy — and how that will affect his ability to forge a life beyond finance.” That life will include politics, if Mr. Dimon listens to Bill Clinton, who thinks the JPMorgan chief would be “really good” at it. Reuters

Perhaps five years ago, the prospect of Governor Dimon would have induced shutters of fear.  Now, well, we realize that the government is already chock full of his type.