Bankruptcy, not bailout, is the right answer -- the explanation
 

I think this explains it well:

http://www.cnn.com/2008/POLITICS/09/...out/index.html

"Talk of Armageddon, however, is ridiculous scare-mongering. If financial institutions cannot make productive loans, a profit opportunity exists for someone else. This might not happen instantly, but it will happen.

Further, the current credit freeze is likely due to Wall Street's hope of a bailout; bankers will not sell their lousy assets for 20 cents on the dollar if the government might pay 30, 50, or 80 cents."

:dog: