I think it's over simplifying the situation to make a division between main street banks and wall street banks. Main street is largely owned by and receives liq

I think it's over simplifying the situation to make a division between main street banks and wall street banks. Main street is largely owned by and receives liquidity from wall street. Many seemingly stable "main street" banks actually had tons of subprime junk that was rated as triple A up until the correction. These main street banks also had assets whose worth was threatened by the collapse of wall street. Some of these main street banks owned pieces of wall street itself. I mean I don't give a nickle about wall street, but I understand that the collapse of wall street would have been totally devastating to the global economy. Compartmentalization is key for the financial industry.