To stay open it was going to have to come from Gov. Not an investor in the world would have sunk that kind of money into that. (not that it would be a big list who COULD have)
Without the bailouts there would have been a depression that could have approached the great depression in many areas.
Of course WITH the bailouts will now create an even worse one later. But at long as WE are comfy NOW, right?
If you're majoring in arts and entertainment you might want to rethink your direction.
While close to relevance to the site as this topic is, to keep politics out is possible. We have done it before. Short threads though.