I say bail them out for the good of the economy, but completely purge all management and executives, and divest all board members. These idiots cannot be allowed to keep lining their pockets by driving companies into the toilet. Hell, anybody could do that, so give some body else a chance. I've got my resume ready. Hell, I took a startup from the starting line to a 12 million dollar a year company, and we started out with $90,000.00 and grew the company organically, doing nothing that wasn't profitable, and incurred no debt to achieve growth. From zero to $12million annually took 6 years, but we've never had a lay off, we've never missed payroll, and we've never not grown a healthy % year over year. I'll put my resume up against any of these cronies any day of the week. They are thieves, nothing less.