In 2008, most of the big banks were bailed out. Might it have been better to have let them fail and give the money to the people? That is what is now happening as there has been ten years to think about that response.
Of course CV19 is unprecedented and, as I might have said last week in another thread: Every company and politician is grabbing their Book of Rules. Unfortunately, all the Books are soooo Last Century ...
None of the current crop of CEOs or Politicians remember their history. The Flu Pandemic of 1919/20 killed more than WW1. The Great Depression was caused by "irrational financial exhuberance". For the only certainty is the cycle will keep on revolving. In another hundred years? They'll make the same mistakes.