23 Nov 2009, CNBC.com

Tim Geithner was head of the New York Fed while AIG took the other side of $1 trillion credit default swaps. The entire corporate bond market is $4 trillion in size. He denied Lehman’s request to become a bank holding company in the weeks before their failure only to allow Goldman Sachs and Morgan Stanley to become bank holding companies weeks later. He did nothing about the AIG and Merrill Lynch bonus scandals in the months before his appointment to the Treasury. It’s time for Tim to go. - Larry McDonald

Several U.S. policy makers consider JPMorgan Chase Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.

Dimon “would love to serve his country,” the paper quoted people familiar with his thinking as saying.

JPMorgan [JPM 42.46 --- UNCH (0) ] could not be immediately reached for comment by Reuters outside regular U.S. business hours.

Geithner endured a grilling last week before the U.S. Congress over his role in the rescue of American International Group [AIG 35.10 --- UNCH (0) ] in 2008, when he was president of the New York Federal Reserve Bank.