The time-honored way of vetting potential candidates for cabinet posts is to float their name in the media and then to gauge the reaction. If there is a fire-storm, the balloon is allowed to be shot down and never heard from again. With Obama holding a solid lead three-weeks short of election day, the balloons are starting to fly. Some is just media speculation, but expect to here more of this in the weeks ahead.
The first name we’ve heard floated for Treasury Secretary is Jamie Dimon, JP Morgan CEO. He’s a big Dem donor and has guided his bank through the credit crunch far more nimbly than most. Beats Warren Buffett or Paul Krugman…