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Sources familiar with the vice presidential vetting process for former Massachusetts Governor Mitt Romney’s ill-fated 2012 presidential campaign have confirmed that long-time Romney associate J.P Morgan-Chase is being thoroughly vetted  for the number 2 spot on the ticket.

The news came as no surprise to those closest to the candidate, many of whom were quick to point out that Mr. Romney often describes Chase as, “Not just a long time business associate, but a close friend and one of my favorite people in the world.”

M. Eileen Travers, who co-authored Gov. Romney’s semi-autobiographical children’s book ‘My Imaginary Friend is a Foreign Entity’, is among those who would not be surprised if Romney gave the nod to his old Wall Street buddy. “With the economy being such an important issue in this election, a President Romney would sleep much better at night knowing that if anything were to happen to him, Chase would be in charge.”

From The Desperate Blogger

But while experts point out the importance of choosing a vice presidential nominee with whom the candidate shares a deeper, more personal bond than others in their administration – and all agree that Chase would certainly fit the bill in that regard — the consensus among Beltway insiders is that we should not expect to see a Romney-Chase ticket in November’s general election.

When approached for comment, Chase executive Weir Dippeschitz echoed the sentiments of several members of Congress — also currently employed by Chase — who don’t believe the banking giant would accept the position if it were offered. “I just think that becoming Vice President would require that Chase cede too much power in Washington.”

According to Newton Toomey, a senior Romney staffer who spoke on condition of anonymity due to the confidential nature of the vetting process, “While Chase has been a willing participant in the process, there remain some details his people are reluctant to share.  For example, while we were provided with our mandatory minimum of 12 years’ worth of tax returns, the copies we received contain many parts that have been heavily redacted with the words ‘trade secret’ written in the margins.  We find that somewhat disconcerting.”

Perhaps, but pressure may come from the Romney campaign that even Chase could have trouble resisting.  According to one recent poll, 87% of Americans agreed with the statement, “When I think of ‘Number 2’, the first name that comes to mind is J.P. Morgan-Chase.”

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Comment Preferences

  •  Tip Jar (5+ / 0-)

    Faux and Balanced News You Can Almost Believe -

    by real satire on Sun Aug 05, 2012 at 09:53:31 AM PDT

  •  I'm a little disappointed in this VP selection, (0+ / 0-)

    although I'm sure this person is well qualified and deserving for the second spot on the ticket.  However, I was really hoping to see Jefferson Beauregard Sessions III, the honorable Senator from Alabama, slated for the Vice Presidential position because of his devotion and support of scientific research, particularly in the area of climate change.  

    "It took us a couple of days because I like to know what I'm talking about before I speak." President Barack Obama 3/24/09

    by sfcouple on Sun Aug 05, 2012 at 10:30:45 AM PDT

  •  I heard that (0+ / 0-)

    Bane was being vetted, too.

  •  Funny and love your last line: (2+ / 0-)
    Recommended by:
    thomask, janmtairy
    According to one recent poll, 87% of Americans agreed with the statement, “When I think of ‘Number 2’, the first name that comes to mind is J.P. Morgan-Chase.”

    "extreme concentration of income is incompatible with real democracy.... the truth is that the whole nature of our society is at stake." Paul Krugman

    by Gorette on Sun Aug 05, 2012 at 11:31:50 AM PDT

  •  I am surprised it wasn't Barclay's, he has such a (0+ / 0-)

    fondness for foreign entities and for the Brit's in particular.  I hear they have even given him a special nick name.....

  •  Chase was chief-of-staff 'til Citi took over... (0+ / 0-), I guess they're looking around for options. (Just keeping up with the snark theme--and who was it that said there's truth in all humor?)

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Sun Aug 05, 2012 at 12:19:27 PM PDT

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