But what gets fixed up in that fail+bailout process?
You can't mandate safety or manufacturing quality. You can't mandate against corporate greed and catering to Wall Street investors. The MBA's don't quite get it.
The Boeing Problem is from damage decades in the making and their culture is rotten.
Automaker bailouts were around $17B and "Management-Restrictions were placed on executive compensation and privileges, including pay, bonuses, golden parachutes, incentives, and benefits. Executives were also restricted from compensation agreements that would encourage them to take “unnecessary and excessive risks” or to manipulate earnings (Cooney et al., 2009, pp. 42–43)."
sourceWow I guess that fixes everything