I told you that "too big to fail" bailouts are a recipe for bigger failures downstream. Now I hope I was wrong.

There’s no need for more regulation— this is working as intended. It will all be worked out by the checks and balances inherent to modern American capitalism. That is, when the banks’ balances are low, the government writes them huge checks to cover it. See? No need to panic: The market always does what’s right in the long run for bank shareholders and executives.