Mr. Dimon's gift to Obama

I can't help but think that the CEO of JP Morgan Chase was intent on giving a positive nudge to Barack Obama in creatively causing probably more than a $2 billion loss in the credit derivatives index on which JP Morgan is believed to have amassed a huge position.

This time, and after all Dimon's apologies, it will be really hard for folks like Romney, to claim that banks ought to be further deregulated and the the Volker provision in the Dodd-Frank financial law shouldn't be implemented at all...