Or this kind of financial crash is exactly what they want. If they can drive the markets to failure, only the largest companies can hold on - and acquire more of the failing companies in the process.
The issue is that every company in a position to do so is trying to stake a claim in a new market. Not every company will win. No-one has a surefire way of identifying "mistakes" ahead of time.
What alternative do you think would work better, short of central planning?
Do high interest rates not, by definition, favor capital over labor?