Goldman thinks jpmorgan is too big but not too big to fail.

(Bloomberg View) -- Goldman Calls JPMorgan Too Big, Not Too Big to Fail: Matt Levine The combined income of New Chase and New JPMorgan would be about $3 billion lower than the income of Current JPMorgan Chase, because the new companies would miss out on various cross-selling opportunities and back-office savings.(1420492555776) The efficient-market extremist view of the situation would be that JPMorgan cannot create any value just by repackaging its income, and that that $38 billion of extra value in Goldman's table is just a mirage. [Extracted from the article]

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