Defaulting banks - where will it stop?

[Jan Klimkowski]

If the following came to pass, it would represent cast-iron confirmation that we're in the middle of a banker's coup.

It's being leaked that Obama will pick Jamie Dimon, CEO of JP Morgan - the notorious House of Morgan - to be his Treasury Secretary.

It's equivalent to making Mr George Bush of the CIA the President of the USA.

http://www.marketwatch.com/news/story/pr...FA337E6E3}

AVID WEIDNER'S WRITING ON THE WALL
The next Treasury Secretary is...
Commentary: J.P. Morgan's Jamie Dimon is the leading candidate

NEW YORK (MarketWatch) -- Barring an October surprise, the fall election has all but been decided. The next question on Wall Street is whom President Obama will install as Henry Paulson's successor as head of the Treasury Department.
Though no decision has been made, the rumor is that the Obama camp has already reached out to its first choice. The eye-popper is that the potential pick -- Jamie Dimon -- has signaled an interest in the job.
A spokesman at Dimon's current employer, J.P. Morgan Chase & Co. (JPM:
JPMorgan Chase & Co) declined to comment. So did the Obama campaign.