SomanyinvestmentBankssuch asBear StearnsandcommercialBanks, bank of America (BAC), Citigroup (c), and JP MorganChase (JPM) are 'too big to fail' during thecrisis (AltonE. Drew, 2009).
On July 2nd the Federal Energy Regulatory Commission filed a petition in a Washington, DC court demanding that JPMorgan Chase turn over e-mails tied to an investigation into whether thebank manipulated energy prices.
Nearly all of the biggest financial companies, Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America among them, have settled fraud cases by promising the S.E.