Have you noticed that one of the main results of this saving of things which are "too big too fail" is a concentration of those big businesses into even bigger business, a greater proportion of which are now too big to fail? The rhetoric we had become used to hearing - that liquidity is subtle but very important (which it is) has changed to language of protection and we see policy responses to this. For example - the bans on non-naked shorting hits the liquidity of the options market (because it's harder to do things like hedging when you want to deal in options) and leads to further stagnation.