AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The 2008 Principles: Big Banks Can Be Dangerous
JP Morgan Chase is already the nation's largest bank. The whole idea was that big banks shouldn't get any bigger, shouldn't be buying up their rivals because they might become too big to fail. So if you have any relationship with a federally regulated bank, which almost all of us do, you're eventually helping to pay for this deal.