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Wall Street Breakfast: Must-Know News

After doing what the banks wanted, Geithner is now taking the fall.

Maybe Dimon does not want to serve his country so much as he wants to save the banking system from total wipeout.

Did it not take Chase a century to accumulate its first billion dollars, and then only four years to double that by being the banker in Vietnan, a war advocated by its chaiman?

Will Dimon pursue a policy of breaking down banks to smaller size that are big enough to fail, or will he want to close banks and then sweep its customers into the ever growing JP. Morgan Bank One Chase etc super bank with government backing?

Hopefully Dimon is being altruistic and will do what is best for the public and the republic, but so far bankers are only waging constant class warfare against everyone else.

Has the "Comcastrophe" Come to an End?

If Comcast starts to rally big for the specific reasons here, it is possible the herd may look around and then jump onto other cable stocks even though they may not have comparable developments.\

So would a more speculative play like Charter which is down to $1 from $3 be a bigger bang for your buck?