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by DennisP 3350 days ago
"Bailout" generally means you paid off some group of people by taking money from taxpayers. In this case, the only person who lost money was the thief. I'd call it a recovery of stolen funds.

I was not invested in TheDAO but supported the fork mainly because (1) to anyone who's not a blockchain purist, if you can recover a stolen $50M you obviously should, and (2) it was early days, and the precautions the contract authors should have taken were undocumented and basically unknown to the community, so I thought more leeway was justified. Even the official documentation had similar flaws.