Welcome to FR.
So basically government is off the hook despite their negligence and complicity in creating this crisis?
That you Barney Frank? Chris Dodd?
I'm not an economist, but I think the secret cancer and the 100 deadly land mines hidden within the US financial system which prevent even good banks from loaning to good banks is: no one knows the true financial state of the others. And nowadays no one trusts the others. Thus even truly credit worthy individuals, small groups, businesses, and big businesses can not get loans.
Full financial disclosure for Big Biz might solve this economic crisis in a heart beat!