Yes he would. He was told to make the endorsement and the indictment issue is of no consideration for him, and even if she was indicted, how would that hurt him ? He's not running for office. Any office.
C'mon, if you look up "narcissist" in the dictionary, you'd find Obama's picture.
He would never allow his image to be tarnished in that way.
He still thinks the economy has gotten better on his watch.