WaMu didn't get bailed out and shareholders and bondholders lost all. Lehman shareholders were wiped out. Bear shareholders wiped out. Fannie/Freddie shareholders wiped out. Citi and Bank of America shareholders lost 95% of their value. Citi shareholders don't feel "bailed out" I assure you.
Too Big To Fail = Too big for the FDIC to unwind.
(BTW - they deserve all their losses for their stupidity and lack of oversight)
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