Yeah, I'm mostly referring to Chase's relationship with the Fed, FDIC, and regulators - they're clearly the bank of choice for rescuing distressed banks, and they're the largest bank in the country by a pretty substantial margin.
You're right about the difference, though - they're stable, well-run, and with a solid balance sheet, and it's clear the tradeoff for being effectively the Bank of the US is they're regulated and stress-tested six ways to Sunday.
If that were the model being applied to Boeing, this'd be a different story, but I think there's been a clear decision made that Chase is critical infrastructure and should be treated & audited like it that hasn't been made about Boeing yet.
You're right about the difference, though - they're stable, well-run, and with a solid balance sheet, and it's clear the tradeoff for being effectively the Bank of the US is they're regulated and stress-tested six ways to Sunday.
If that were the model being applied to Boeing, this'd be a different story, but I think there's been a clear decision made that Chase is critical infrastructure and should be treated & audited like it that hasn't been made about Boeing yet.