06/17/2010 06:03 pm ET Updated May 25, 2011

JPMorgan's Jamie Dimon: No Longer Obama's Favorite Banker?

ll of which is to say, if anyone should be attending a state dinner these days, it's Dimon, whom The New York Times once dubbed "President Obama's favorite banker." And yet, as the months have passed, Dimon's frustration over the direction of administration policy has become palpable. He sarcastically referred to Treasury Secretary Tim Geithner as "Timmy" at an industry event last June; in April, he derided the administration's proposal for recouping bailout money as a "punitive bank tax."

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