End of ultra-capitalism?

Edit 1
With so many banks failing, I was wondering.. The ultra-socialists fell 18 years back.. Now, the ultra-capitalists, with a free hand(deregulated markets, low interest rates, unlimited credit, maximum greed) have fallen into a hole.. Can they climb out? How big is this hole... This will lead to more government intervention, how much is the question. This is why I regard the Europeans as the true masters. They have the right policies in place to meet the inevitable. I guess.

Now with the banks' debt taken in by the government, we are going back to socialism, which is supposed to have effectively ended with the fall of the Soviet Union breaking the myth that capitalism is the future.