Companies doing risky stuff shouldn't be too surprised when they suddenly run out of good luck. On the other hand, if I were running a company and I knew that

Companies doing risky stuff shouldn't be too surprised when they suddenly run out of good luck. On the other hand, if I were running a company and I knew that my buddies in Washington would end up bailing me out with other people's money because I'm "too big to fail", I would be a fool not to take as much risk as I can. With state capitalism, you can have your cake and eat it.