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Alibaba ‘Not Too Big to Fail,’ Jack Ma Tells Regulator

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Jack Ma told the Chinese government that Alibaba Group Holding Ltd. isn’t too big to fail, as Asia’s richest man sought to assure regulators he was addressing corruption on the company’s e-commerce sites.

Ma said during a speech at the China Securities Regulatory Commission in Beijing that he knows Alibaba must pay closer attention to employee behavior as it grows, according to a transcript posted on Sina.com. The Alibaba chairman and founder even alluded to ousted Politburo members Zhou Yongkang and Bo Xilai -- both taken down for graft -- to show how seriously he takes the issue.