Post Tagged with: "JP Morgan Chase"

Chase Tower (Source: Wikimedia Commons)

Let Fail Those Too Big to Fail

JP Morgan Chase is in trouble – again. The government deemed too big to fail bank, investment and insurance firm announced in May that it had lost $2 billion on trades from its London office that went badly. It is time to put an end to irrational government policy that encourages billion dollar risks to avoid a continual cycle of costly bailouts that accelerate our nation’s plummet from greatness. It’s time to let them fail.

Read more ›