They won't. They will get a bailout because they have intentionally woven themselves into the fabric of everything so that it's mutually assured destruction if

They won't. They will get a bailout because they have intentionally woven themselves into the fabric of everything so that it's mutually assured destruction if they go under. If they go bankrupt it will wipe out 401k, retirement plans, and cause massive layoffs due to businesses going under as their primary sources of funding (debt) dry up. They already did it in 2008 and called the governments bluff. Now that they know they can do it there's no way they're turning back. Edit: bringing back the glass steagall act would be a good start. But it will take decades to unwind the standoff.