JPMorgan’s $6 Billion Loss Shouldn’t Be a National Matter

In the U.S. Senate on Friday, legislators will try yet again to answer a question of great concern to the country: How did JPMorgan Chase & Co., a bank large enough to bring down the U.S. economy, rack up losses of $6 billion in a unit that was supposed to be managing its excess cash and mitigating risk?

Allow us to suggest a follow-up question: Why should any bank be big and threatening enough to bring down the U.S. economy?