Disasters are not natural, they only occur when people lack preparedness or the ability to cope with hazards: it is the combination of an exposed and ill-prepared population or community with a hazard event that results in a disaster.
It's been bailout out after bailout for Wall Street banks that made ill-judged bets on the securities market, but the so-called moral-hazard theory, that banks will be all the more reckless for it, has been discarded by those watching overseas this past week.