Did Geithner rescue the financial system?

A sound financial system shouldn't need to be "rescued."  A sound financial system doesn't engender $1,080 per ounce gold.  An unsound financial system needs to collapse in order to have real healing.  I have laid out plans to deal with insolvent institutions.  If a homeowner defaults, the bank forecloses.  The problem we face is that banks aren't allowed to fail, i.e., default.  How should we handle bank defaults?  The bank's creditors - i.e., depositors - would become the receiver for a failed bank's assets.  Thus it is the depositors who have first claim on a bank's assets.  Instead, the FDIC, which is bankrupt, becomes the receiver and banks get bailed out, which diminishes the need to liquidate housing inventories.