Thursday, September 29, 2011

Is Jamie Dimon Committing The Ultimate Betrayal?


JP Morgan honcho Jamie Dimon, once a “fat cat” ally of President Obama, seems to have strayed to Republican contender Mitt Romney, the NY Post reports.

Dimon, a lifelong Democrat who was rumored to be on Obama’s short list for treasury secretary before he settled on Tim Geithner, met privately with Romney on Tuesday morning before a fund-raiser at Brasserie 8¹/2 hosted by Highbridge Capital, a JPMorgan-owned hedge fund.

Dimon, who was spotted “in a discreet one-on-one” discussion with Romney, cannot publicly endorse a candidate because he sits on the board of the Federal Reserve Bank of New York. But he donated to Democratic candidates in 2008 and privately supported Obama.

While Dimon’s spokesperson declined to comment, a JP Morgan insider tells us that Dimon has not attended an Obama fund-raiser and has not made any contributions to his campaign during this election cycle. And Dimon has met privately with many of the Republican presidential candidates…

Read more: http://www.nypost.com/p/pagesix/obama_top_fat_cat_strays_C9qcrURkB9L9JkImemgBwL#ixzz1ZK3PF7Cx

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