Sorry, people need to be made to understand their actions have consequences
One person’s actions have consequences that don’t extend beyond themselves. However, the actions of a million persons have consequences that extend throughout the entire economy, that is to say — Are you willing to shoulder the burden of their consequences to teach them a valuable lesson?
In the long run it may be the best way to go. In this instance I think, even now the sub prime fiasco is over blown as far as the ACTUAL consequences for a large number of people.