J.P. Morgan Debacle Bolsters Case for Breaking Up Big Banks
BURLINGTON,ย Vt., May 11 – U.S. Sen. Bernie Sanders (I-Vt.) issued the followingย statement today after J.P. Morgan Chase revealed a $2 billion loss: “The debacleย at J.P. Morgan Chase reaffirms my view that the largest six banks in thisย country, including J.P. Morgan Chase, which have assets equivalent toย two-thirds of our GDP, must be broken up.ย This is important in order toย bring more