Banksters and speculators will never be satisfied with “solutions” that dont cover their bad bets with currency created as part of newly produced debt-money. They will only be satisfied by persuading politicians and central banks to keep the Ponzi going, expanding unmanageable levels of debt, socializing private losses, and pumping up nominal values of their favored asset classes.
The best solution would be for the Fed to buy up trillions of dollars of these bad assets held by all these banks, Fannie, Freddie, etc., and then just to declare bankruptcy. The assets can be bought at bankruptcy for pennies on the dollar which would be good for the economy to reprice assets to market value, one bank goes bankrupt, (the one that caused the whole thing), and every one else might come out pretty much ok. We don’t go into hyper inflation, because a lot of virtual money goes poof with the Fed.