Chasing Rahm...

On Sunday, the NY Time reported that Rahm Emanuel, Obama's chief of staff, was going to be attending JP Morgan Chase's board meeting.

Today, he's changed his mind.

In a world where appearances mean so very much, having a key Obama operative hanging out with Jamie Dimon and the others who've profited so very nicely from the collapse of the economy might send a wrong signal.

I'm left wondering what Rahm was going to be doing at the meeting. Perhaps asking for a refund? Suggesting that Chase share its profits with the middle class that's been royally screwed by the crisis? Or cementing the feel-good relationship between Washington and Wall Street?

We'll never know for sure.


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