I just hope whatever fiscal policy stimulus we end up with doesn't take the form of a bank bailout. These institutions need to be able to fail. Otherwise the fi

I just hope whatever fiscal policy stimulus we end up with doesn't take the form of a bank bailout. These institutions need to be able to fail. Otherwise the financial system presents clear moral hazard in which banks will engage in risky practices because they become de facto insured by the American taxpayer. Alternately, if legislators insist on propping up the financial industry, the federal government should have permanent ownership stakes in these institutions so they can influence governance and extract profits during times of stability and profitability.