I find it interesting that this entire thread seems to be about fairness. Whether something is fair to corporations/people really shouldn't be the point. It should be about keeping people alive and having a functioning/prosperous economy. I'd much rather have that than a "fair" economy.
The problem is that during good times, the narrative switches to not regulating "private" enterprise. The financial schemers extract wealth under the guise of "earning" it, while it's all justified by saying that the market will regulate itself.
Yes, not doing a bailout would be imprudent. But this is apparently the only time we get any say. When we don't get to reform irresponsible business/fiscal practices in good times, but they have us over the barrel in bad times, the predictable outcome is spite.
The question is who is making sacrifices, and who will be prospering, and who will be dying.
A 2.2 trillion dollar check was just signed with the american tax payer's name on it. That is money could have gone to retirements, heath-care, and schools. It is reasonable to be concerned that it go to an equal or better purpose, and not to buy a second yachts for bankers.
Nothing about raising capital prevents a functioning economy.
The point is that people have been conditioned to believe we must use public money to save private interests.
If you want long term functioning markets, shareholders have to hold the bag. Otherwise the Bernie Sanders crowd will get bigger and bigger...and rightfully so. And eventually the system will topple via revolution (political or otherwise).
