Besides the fact that FDIC would have covered those ( anyone remembers FDIC fridays? ), banks are not servers. Your analogy is wrong. If they failed, the disruption would be great, but money would not be lost, the houses, cars, equipment, factories, people would still be there. The bailout was aimed at the real owners in the US. And they got it. Simply because golden rule works.
Both money and value would be lost. The former due to write-offs (one persons debt is another’s person’s income) and the latter due to disorganization / entropy / chaos. The FDIC fund is not able to cover all deposits currently and would require massive government spending and distribution.
