Jamie Dimon, the chairman and chief executive of JPMorgan, says he doesn’t really know what “too big to fail” means any more.
Well Jamie, let Chanticleer help you out: when you run a bank with a market capitalisation of half a trillion dollars, and you’re the guy that the government calls on when it needs a bank rescued, the chances are you’re living it.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com