1:17 1:06 1:05 1:35 1:02 27s ~~ 10:55 Investigation of JPMorgan Chase 1. JPM C is too big to fail. *It holds $2.5m -> it wouldn’t collapse *if the trading lost , it would cause damage. 2.Investigation of FBI doesn’t sufficiently public. *JPM C won’t be too big to fail forever ->limit potencial con???? Effects. 3.mechanism doesn’t in place. *this mechanism doesn’t apply to cross-border banking. *a speech 4.JPM C owns many banks and is supported by US government. *it has many actual and potential access from Federal Reservation, thus receiving support from Treasury. *JP is a govemment-sponsored enterprise. 5.break up or constrain the size of big banks. 6.Many unanswer questions about the JP losses *hedge blew up badly. 7.5 Questions. 6.many banks have supervisors but there’s always someone who doen’t pay enough attention. 8.2 examples: Enron’s deception&Leham’s bankcruptcy 9.investigate hear-misses as well.