Comment by nyargh

Despite politics, TARP was arguably an economic success story for the US treasury despite public sentiment. Whether it created moral hazard or not I suppoae is up for debate.

GM on the other hand should have been left to die.

However, I was obliquely referring to the open transactionality and patronage encouraged by the current administration, and how the AI / big tech players have, with few exceptions, gleefully joined in.

Unless they run out of money for bribes, I think it's inevitable that current government will bend over backwards to prop them up.