I believe in the Free Market and this collapse is a direct result of government intervention.  This is what happens when the federal government thinks it knows better then the free market and this is the result.

I say let these companies fail because the market will work itself out. Once again, the government is stepping in and this bailout is going to be a complete failure just like the intervention. When the smoke clears, nothing will change and the taxpayers are going to be on the hook for $700 Billion dollars.

Of course, the Democrats LOVE this because now they can say that the Free Market doesn't work and now have ammunition for class warfare. This country is doomed for decades to come and the next generation is going to be pissed off because they will have to foot the bill with higher taxes.