Why not let the big banks fail, break them up, and sell the chunks to the more responsible banks? And if those guys can’t afford it then give the taxpayers $$ to aid the transaction?
Yes it would be another bailout but at least the financial future would be built on a banking system that isn’t a casino. Am I missing something here? Of course this a late question and mostly rhetorical.
Besides, when the AT&T monopoly was broken up phone lines didn’t go dead.