Name brand retailers, manufacturers, insurers, banks and other financial institutions are shrinking, and many will disappear.
In their place, there will be new retailers, manufacturers, insurers, banks and financial institutions. Hopefully, they will learn from the mistakes of their predecessors.
We're a capitalist society. Capitalism involves survival of the fittest, with the options of success or failure. Why is everyone in Washington and NYC shocked to find that out? None of those now complaining had any problem with capitalism when they were getting big bonuses.