What really boggles my mind is that in all of this, people maybe should have at least taken a look at what was going down. As presented here, we see that massive deregulation really brought us to this place. While there is most certainly tons of regulation other where which is improper, proper regulation has also been stripped; and it was loosing those regulations which fully broke the system.
Can corporations and banks be blamed? In a way, yes. Some most certainly were engaging in predatory loans and such to make more money. Lots of people KNEW that it couldn't be sustained. But the problem is that company A is making money hand over fist, company B cannot sit there and do the "right thing" and thus not make that money too. Not in today's day and age, maybe in a time long ago but not now. If that action breaks the market, and there is no market incentive to stop it, you use government. That's a proper use of government power. And to fix this problem, to try to even attempt a return to free market capitalism, we must reinstall the proper regulation.