4 ms·
Think about what this means for a second. JPMorgan, by being deemed "too big to fail" is basically so large as to be immune to overall regulation, as any enact
by salawat 4y ago
Think about what this means for a second.
JPMorgan, by being deemed "too big to fail" is basically so large as to be immune to overall regulation, as any enacted fine of sufficient magnitude to make a punitive difference would jeopardize it's load bearing in the global financial system.
If I can't toss you out without slitting my own throat, you don't have a problem, I do.