16 years ago Lehman brothers filed for bankruptcy. They were part of a Ponzi scheme of so-called securities that were inflated by a deregulated shadow bank sector that was fueled by cheap money from the Fed between 2000 and 2005. When Greenspan was appointed in 2002 and he started to counter a surging inflation these derivatives imploded. Trump wants to keep his spending spree going and promised all gamblers deregulation and cheap money. And Kevin Warsh will know where this is heading.