[in response to the previous three comments] Without arguing whether the government should have become a creditor to all banks (which I would disagree with), I

[in response to the previous three comments] Without arguing whether the government should have become a creditor to all banks (which I would disagree with), I understand his claim to be: the system fails if creditors do not take action to recoup their investments in failing institutions--and in this case the major creditor is the government.