Justification for the bank bailout was based on the assertion that these banks were 'too big to fail'.
Nobody, nothing, is too big to fail, not any bank, not any politician, not any corporation, not Washington D.C., not the nation's legal system, not even Barack Obama.
The proper solution to insolvent banks was to break them up into pieces that were small enough to fail - anything less does nothing but guarantee the failure of America.