The six best math students at the all-boys Browning School on Manhattan's East Side were given bad news, and then worse news. Their math teacher had suffered a heart attack and would not be returning to teach—that was the bad news. The worse news was that her replacement did not know calculus. If the students wanted to continue to study calculus, they would have to teach it to themselves.
Many analysts have suggested JPMorgan Chase & Co. (NYSE:JPM) to split up into smaller entities, as the bank faces increased scrutiny due to its size and complexity. As financial watchdogs tirelessly hunt down the “too big to fail” elements of the banking sector, JPMorgan, the largest US bank by assets, attracts more regulatory constraints than its competitors.