The federal government should never have bailed out the big financial institutions who were about to go under. The consequence was to reinforce the behavior of incompetence. Instead, the government should have let these incompetents suffer and allow the survivors to prosper from their decisions to steer clear of the problems that occurred.
That is a free market. That is the role of Government- to guarantee free markets.
Those who have criticized "the failure of free markets" have really only witnessed the failure of an oligopoly.
Free Marketman