Too big to jail

“I don’t think anyone is too big to indict — no one is too big to jail,” Preet  Bharara, the United States attorney in Manhattan, said in a recent speech. Yet, JPMorgan will be served with a deferred prosecution agreement and a fine of $2 billion by Mr. Bharara's office for JP's actions - or lack thereof - re Madoff. No one will be jailed or even threatened to be jailed.