3min chapter

The Daily cover image

A Third Bank Implodes. Now What?

The Daily

CHAPTER

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.

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