Consider the following issues:

• What are some of the reasons for bailing out banks during a financial crisis?
• What are some reasons to let failing banks fail?
• If we save banks during a crisis now, what might be some implications for the future?
• What is meant by 'too big to fail'? Was this true of banks in the GFC?

At the nexus of these issues, we can answer whether or not governments were right to bail out banks during the Great Financial Crisis.