We should stop bailing out the executives and investors (debt and equity) of Wall Street firms who took giant risks and obscured their accounting so that no one knows what their liabilities are. Now that the market is punishing their reckless behavior, the taxpayer is paying the cost!
We shouldn't bail out any company until it comes clean on what all of its significant liabilities are, so at least we know how deep the pit is that we're trying to fill. AIG, Citigroup, these pits just keep getting bigger.
There are plenty of smaller, healthy banks to step in and take business and employees away from banks who have made bad decisions.