""Bail and then make sure they pay back, with interest""
Sorry it wasn't clear. If the institution received a bail out I would expect it to be paid back to the Gov(in essence, the tax payer) with interest. And also some tighter operational measures to be put in place. I certainly don't suggest giving them a handout and letting them carry on business as per pre bailout.
Also, I don't expect banks to be wreckless knowing the Gov will come to the rescue.
I just don't believe the solution is to let companies etc fail on principle. Imagine if they let customers fail straight off the mark. Foreclose at the first sign of mortgage difficulty. And you can't say that's the bank's fault for lending you the money. They may have done it in good faith, you had a secure employment etc and then your circumstances changed.
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