JPMorgan Chase CEO Jamie Dimon was hauled before Congress yesterday for a finger wagging over the bank's recent $2 billion trading blunder. For all the haranguing and grandstanding, Sen. Jerry Moran asked one of the only relevant questions of the hearing; he wondered if JPMorgan failed, then could it go down without costing taxpayers money? The answer was also the most telling.
"Yes," Dimon replied.
And at 11:42 EDT, reality died.
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