[righteous]

I'm fine with a bailout of some companies as long as the shareholders bear the burden and the taxpayers have a plausible scenario for upside.

Want $65B Boeing? Okay -- we'll give that you that as a capital injection against your cap table. Preferred stock with preferences and at a discount. Oh, your market capitalization is only $53B right now? I guess that makes the US treasury your largest shareholder.

Existing shareholders get what's coming to them: Massive dilution. The government gains an enviable equity position that they can eventually exit at hopefully a large profit.

Over the next decade, the government responsibly liquidates these positions. Those liquidation events can be spent servicing our ballooning national debt and underfunded entitlements.

This is the exact same deal a startup would get if they were in a similar position and went back to investors for cash from an unfavorable position.