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Or, we could have just let the free-market play out like it should. Well-run companies would have bought the crap companies' stuff for pennies on the dollar. Crap business leaders would be "darwined" out of the industry via bankruptcy, as has happened since the beginning of our country(or near the beginning). Good business leaders would take their newly-acquired cheap assets and make more money with it. Tax money would not have been spent to subsidize failed businessmen and their failed companies, keeping the deficit at least reasonable. Ten years from now, those strong companies would have made the nation's economy stronger.
Instead, we will have the same idiots making similar mistakes, asking for more tax money because they are still "too big to fail". Moreover, the competitors of said idiots face unfair competition, as the idiots' companies' failures are now subsidized by tax dollars (that have been forced from the taxpayers, and spent against their wishes).
See generally Atlas Shrugged, or the downfall of Argentina.
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