No matter what the bailout settlement is life for the average family and business will change forever or at least the foreseeable future.
Credit is going to be tight and unless you really deserve credit you’re not going to get any.
During the heyday of easy credit and rising property values folks would borrow against equity whenever they wanted some cash. To build and addition to their home, a down payment on a new car, a vacation; those days are gone. There is very little equity left for most people, even the ones who were responsible since their properties value deflated while their cost of living has gone up.