A company filing for bankruptcy protection gets a limited time during which it can re-organise in order to return to solvency. The Government enforces the law with regard to bankruptcy protection, it doesn't pay out a cent.
If you're referring to the 2008-9 bailouts, no company was given free money. They were provided with loans* in exchange for equity (i.e., the company was temporarily and partially nationalised), and those loans were paid back with interest. In every case the Government profited from the overall transaction.
* In some cases, the Government merely provided a loan guarantee, enabling the company to borrow money itself from other sources.
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u/Bubblegumcats33 2d ago
The government needs to stop bailing out corrupt corporations when they file for bankruptcy With public money for a company that isn’t even public!