Ahh niavety... I'm not recalling a book I read, but it sounds like your recalling the sun or the mirror in your understanding of the situation passed.
The only thing your right on is that, yes, the fronts of these banks are legit, but their actions were illegal. Some economists actually believe the banks planned all of this by design, but regardless, fact of the matter is, banks broke the law, screwed everything up and then used tax payers money to steady things. Regardless of the fact we are SUPPOSED to be capitalists and not socialist/communist, a private sector just stole billions when my or your business would have failed if we made wrong/illegal decisions.
But anyway I digress, I just get sick to death of these tabloid stories of how Joe bloggs earns x amount or some MP has claimed 10 grand expenses etc... when the real issues are just completely ignored, like 5 year old kids who think if they just hide under their bed scared of what they don't want to understand.