The banks should never be bailed out. If a bailout is considered necessary, then it should be depositors who are bailed out. The FDIC should take over the bank

The banks should never be bailed out. If a bailout is considered necessary, then it should be depositors who are bailed out. The FDIC should take over the bank. Stock holders and lenders (not depositors) should be wiped out. Upper management should be replaced with competent conservative management, and criminal referrals should be made if warranted. This was supposed to be the standard operating procedure, but instead, corrupt institutions and management were bailed out, to the detriment of the public.