Comment by paulus_magnus2

Causing financial crisis wasn't illegal. Unethical but not a crime. Except for some cases of misselling products, banks playing against the customer etc. Bailout was.

For $3 trillion less than bailout, we could have paid off every U.S. mortgage! http://www.jameslavin.com/articles/2009/04/16/for-3-trillion... [need better source??]

Without bank bailout we'd buy banks for pennies. Market forces would work and banking sector would be incentivised to behave properly.