Too Big to Fail

The title is a phrase used in the banking world to describe entities which are cornerstones of the financial system and there's NO WAY they can be permitted to fail.

JPM, or J.P. Morgan is too big to fail because it is one of the Member Banks of the Federal Reserve Banking System.

The Federal Reserve Bank is even MORE too big to fail as they would tend to see it.

Watch this video on YouTube: Bear Stearns, Jim Cramer, The Federal Reserve, JP Morgan