The premise of this piece is so flawed I can only conclude you put it there as click bait. Nor did President Obama choose to "enact quantitative easing, and you have to be pretty ignorant of governmental operations to make this claim, or just going for more click bait.

First, bailing out borrowers would NOT have done anything to abate the financial crisis...for the simple reason that the crisis was only triggered by bad loans but consisted of the failure of enormous, opaque, and widely traded and held financial instruments, not bad mortgages. These instruments were held by institutional investors across the spectrum, including governments, local, state and national, retirement funds government and union, and yes, banks.

As to Quantitative Easing, it was conducted by the Fed, not the administration, and was only attempted as a kludgy last resort when the GOP refused to pass any Obama or Democratic much needed stimulus in an attempt to spike the economy.