This attitude right here is how things snowball into firm failures/recessions.

Go ahead and lose your hard earned money. It's only money right?

"It's just money, Sam. It's not real."

Foreclosure and starvation on the other hand....

The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

I wouldn't be all that worried though. I'm not sure if 9 billion puts a dent in their accounts. They move a lot of money.

JP Morgan is hardly going out of business.

"Lehman Brothers is hardly going out of business." - 2008

The difference is that Lehman's Bro's liabilities far exceed their liquidable assets or access to credit. JPM has sufficient liquidable assets to cover their losses, and is in a far better position to raise equity or access credit to cover any shortfall.

JPM also owns debt and securities in other financial institutions. Consequently, if they play hardball with JPM on this matter, it will simply return the favor at a later date.