On: JPMorgan Chase Bank Assumes All the Deposits of First Republic Bank

[loeg]

Again, to the extent this is a concern, that is already the state of the world. You don’t need a conspiracy theory where it is the last step.

[fallingknife → loeg]

When there are thousands of banks, it's a near certainty that at least one will decide to bank the unpopular but perfectly legal industry, and say "come at me bro, we'll win in court" to the government. With 4 megabanks, not so much.