The top 1 percent of earners in our country are few and far between compared to the number of people who were given loans that they shouldn't have been given (because they had no verifiable means to make the payments). These loans were given to people so that Fannie Mae/Freddie Mac upper-level managers could receive huge bonuses.
Yes, many companies abused the government bailout money, but there were tens of thousands (maybe 100 thousands) of lower/middle income people receiving the loans and maybe hundreds, at most, who got the bonuses.
The rich can't be blamed for this. If people were to conduct some research into just who it was that shut down the independent Fannie/Freddie auditors, and actually accused THEM of fraud when they were just reporting facts and actual events taking place, they could easily find congressional hearings and transcripts online. And in these transcripts, it was definitely NOT the Republicans and the rich who are to blame.