False dichotomy. The problem was letting it get that bad to start with, and letting any single bank get so huge. If banks had been kept smaller and limited from taking on such crazy risks then it would have been far easier to just let some banks go out of business and let the market adjust itself.
Additionally, the fact that people in the street got screwed while hedge funds got their profit margins protected by tax payers is something that shouldn't have been allowed to happen. Much of the pain for the top 1% from the crash was socialized away and absorbed by tax payers and the working class. There should have been much more financial assistance to the working class.
Additionally, the fact that people in the street got screwed while hedge funds got their profit margins protected by tax payers is something that shouldn't have been allowed to happen. Much of the pain for the top 1% from the crash was socialized away and absorbed by tax payers and the working class. There should have been much more financial assistance to the working class.