In Europe They are saving the day, not saving the system,

Jim Rogers : What they are doing in Europe is saving the day, not saving the system,"
. "Just pumping up and bailing out another bank is not the solution, we need to let the banks fail."
"Yes you can rate test banks. You can get all of them together in a room and say you are going to fail, you are going to survive and we will work with you to make sure everyone's cheques still clear and deposits are good. Yes, help stockholders, but why bail out bondholders? Let them fail," - in www.investmentweek.co.uk