case pay attention george w. bush disaster administration come end effect policies combine horrible deal push bill clinton republican congress balance budget cause great economic collapse since great depression first sign house bubble burst 2007 market crash october 2008 watch financial institutions fail cover horrible bet hedge credit swap horrible bet send global economy tailspin march 2009 dow jones industrial average close rock bottom 6459 point 54 percent loss day crash economy begin slow steady recovery.in meantime 401ks decimate home purchase 200k worth half seemingly overnight ability pay back loan already suspect bank use deregulation repeal imperative portion glas-steagall loan money anyone apply credit debts sell debt leverage debt pile collapse builders borrow 100k build small spec-house issue millions dollars instead build entire neighborhoods still empty incomplete day actual cash value american real estate plummet kill massive chunk work middle-class construction service jobs.all first big bank fail sufficient plan secure debts need wind back tighten credit use protections place stay course weather storm time would none time people hold country economy hostage without even know ones lose job find stand arm outstretched wonder hell happened.for years suffer newly elect president get preside economy hand ruin people lose everything grit teeth congress hand big bank money loosen credit come halt provide upper class one-percenters lavish lifestyles grow accustom one would imagine track record like big bank would update plan drop back nine punt solid strategy cover investments hedge losses things start tumble.according letter send feed fdic agency secure deposit federal fund nation large bank jpmorgan chase far goal able save without another catastrophic incident independent blog run former wall street operative professional publisher call wall street parade analyze letter find content extremely disturb top page 11 federal regulators reveal identify deficiency jpmorgan wind-down plan properly address could pose serious adverse effect financial stability unite state jpmorgan board directors legions lawyers catch important parse phrase sentence federal regulators say jpmorgan could pose threat shareholders wall street market say potential threat financial stability unite state frighten jpmorgan worth trillion 51 trillion notional amount derivatives total value leverage asset mean without stop-gaps place catch fall progress collapse single bank could potentially cost quarter value entire us economy sound familiar happen next domino effect jpmorgan rank number one risk contagion institutions word 2008-2009 far soon country put brake stop inevitable recession possibly depression follow.this joke episode alex jones federal reserve tell kingpin ball spin direction best thing hope seven-ten split something innocent people hold onto rest fall dark aby mainstream media pick bernie sanders suppose watchdog make sure big bank destroy people manage rebuild hillary clinton suppose reform applaud dodd-frank report personally scold wall street nefarious activity donald trump ted cruz well idiots cnn abc nbc even doom gloom seekers fox news remove donald trump rear-end long enough make note even though ruin countless live less decade ago big bank take measure stop happen again.bad things happen downtown somebody really say something.featured image getty image modify letter feed warn next great recession nobody pay attention