What the gub'ment did was to do exactly the opposite of what needed done. They rewarded the idiots who caused the mess with even more taxpayer money. Then they doubled down on stupid and run up even more debt lowered the intestines rates even more then printed even more money and used it to buy their own debt.
I simply disagree with the conventional narrative about the so-called financial crisis of 2008, and I have heard it from statist Democrats as well as conservative “personalities” on Fox News. In the end, neither group understands what happened and so they trust the explanation of a handful of bankers with slightly greater knowledge.