I wish we could have let the bankers go down in flames. Unfortunately, doing so would have caused more suffering to others than it would to the bankers. They had already skimmed their profits off the top anyway.
The argument that the government forced the banks to make loans they otherwise wouldn't is a red herring. While it might have a small basis in fact, what really caused the problem is bankers taking those loosened rules and running with it. Making every single loan they could sign anyone up for.