Sounds bad to me. Like they are giving up on the weaker banks and just trying to save a few of the stronger banks.
have you considered asking WHY the weak banks are weak?
were the weak banks the ones coluding to inflate home values in order to have larger morgage notes to bundle and sell on the markets?
were the weak banks spending more money on lobbyists rather than depositors?
were the weak banks issuing credit cards like candy to high risk people?