President Barack Obama, like every person and every corporate person/government hybrid was not 'too big to fail'. Like all of Washington D.C. and its lobbyist represented corporate collaborators he, at best, did in fact fail.
Still, as the first partially black president he has much to be proud of, even if he did reduce the civil rights of his constituency and the world more so than he advanced those of african descent.
Although many who will help to realize this failure are quite racist the ironic fact is that Obama's failures do not stem from his black half, they come from his white half. Frankly, and rhetorically, his failure comes from his white female 'Hilary' half.