Corruption in the market and the market crash of 2000

Does anyone wonder why as a result of stock market crash of 2000 ,unlike what happened during the recent problem with real estates, no big name like Lehman Brothers or Citibank declared bankruptcy or became under substantial financial trouble? In fact, during the real estate problem it was hard to find any big financial institution that was not affected by it. That is because what happened in the market down of 2000 was probably, like many other things, a game played or allowed to be played only on the ordinary people who invested in the market. The government watched people very unrealistically exaggerating the valuation of tech companies and did not try to advice and put a matching effort to restore sanity to the market? Why? Do you think it has nothing to do with trying to avoid impeding the big guys from devouring that big potential meal ? What could have been the excuse for missing that? Avoiding interfering with the principles of capitalism and free market? What happened to those principles when the government later interfered to save and help the big guys with financial support rather than just advice and wake up calls?

However the main thing for which I am writing this is how the investments of those ordinary people were treated in the market. I used to look at how stocks went down from high prices and think about the over valuation mistakes that led to this loss for many people. But a while after seeing what happened with the Viking system stock story and the naked shorting the corruption of the SEC allows in the market ,aside from other violations and fraudulent activities by some of those hedge funds and financial institutions I wondered how much fairness was left in the market during that time? I started thinking that despite the clearly huge over valuation mistakes ,how could we blame the loss people suffered on those mistakes only? If this is what happens in the ordinary days ,God knows what kind of corruption financial massacres the SEC allowed to happen during that time. A real investigation and looking into the records and books of brokerage and hedge funds of that period may provide even more shocking news about how unfairly people were being slaughtered in the market than that of Madoff' story. Even the minimum that came in the form of the SHO to combat the problem of naked shorting was not legislated until 2005 so imagine the mess of that time. But who is going to do such investigation? The same points I just mentioned in addition to what we all saw what this one hedge fund guy can pull are all indication showing for the power and control the big corruption forces have in this country.