Well thats why when they will ask for his papers, computer and blackberry, you never know what they will find.
If Jaime Dimon is a smart guy, he will never handover is laptop, executive secretary computer, email data, phone logs and personal schedule.
Same goes for OTS/ FDIC/ Treasury officials. We have not even investigated the Paulson and his phone conversation with WAMU CEO.
If Jaime Dimon and Bair allows themselves to be deposed for hours on several occasions they open themselves up to criminal investigations.
I think Obama would not like Sheila Bair, OTS, JPM, Geithener, Paulson and SEC under criminal investigations. That could actually ruin the little recovery in the market.
If the FDIC is found guilty of a massive conspiracy to commit fraudulent transfer that could cause a run on most banks and destroy any recovery.