I think you misunderstand the magnitude of the problem. Put it another way: will you carry the burden of chronic credit bubbles through decades of reduced economic activity? Everyone, including good financial actors, will share in collateral damage. The resulting unemployment will make existing debt harder to pay off, and there's A LOT of it!

http://i.imgur.com/yU9b1Ta.png

These things really, really shouldn't happen in the first place, but when they do, the systemic effects should be prioritized over individual gains.