domesticating chimps. why not

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I was watching animal planet yesterday and there was a piece on chimps being endangered and going extinct. I got to thinking and it seems like chimpanzees would make a great animal to domesticate, perhaps even better than the wolf. They are smart, can be toilet trained and bond with humans. Plus they could be trained to do all sorts of helpful things that dogs can't do while still providing security.

So why haven't humans ever set about domesticating the larger monkies? Putting aside the animal rights concerns doesn't this seem like a worth while endeavor?