[They dug their own graves then.]
Problem is they turned the world's economic infrastructure into stone in doing so.
The liquidity crisis is a crisis of confidence. Institutions currently won't lend to each other because of the crisis of TRUST created by the activities of Arnall and his imitators.
The only way to restore confidence is to use existing fraud and racketeering laws to purge the system of those who have proven they can not be trusted. Get the wolves out of the barnyard.