I guess I agree that the deflation of their market value is a good thing in that it forcibly prevents continued hemorrhaging of capital. That's the point of all

I guess I agree that the deflation of their market value is a good thing in that it forcibly prevents continued hemorrhaging of capital. That's the point of all the speculative gyrations. It just shouldn't be forgotten that the interval before the market corrected had a substantial cost that didn't get recovered by anyone.