Yes.
I can see both sides of this. Going through a depression is not something anyone wants, but by bailing them out all we do is spread out the duration of the bad times.
However, what I do expect to see is, everyone of these managers and CEOs that cooked the books go to prison and have all their money stripped from them. This is the only way to help prevent this type of thing in the future. If the only penatly is that they no longer get to steal/mismanage a business then there is no reason to stop doing this.
Sometime’s the truth only takes three letters.
Yes. Second.