> Btw most of these shareholders have been smart enough to sell immediately when the markets began falling so they will buy these stocks at the bottom and get bailed out all over again by the taxpayer and watch the capital multiply.
If they sold, then they're no longer shareholders; there are new shareholders, and they will be the ones to receive any potential bailout.
There's two sides to every transaction. If people were selling, someone was buying. If someone will be buying, someone will be selling. The sort of people who invest in distressed companies (and I think all airlines count as that right now) tend to be hedge funds and other sophisticated investors; they're hardly going to give any potential gains to previous shareholders asking for their stocks back because they changed their mind hearing about a bailout.
If they sold, then they're no longer shareholders; there are new shareholders, and they will be the ones to receive any potential bailout.
There's two sides to every transaction. If people were selling, someone was buying. If someone will be buying, someone will be selling. The sort of people who invest in distressed companies (and I think all airlines count as that right now) tend to be hedge funds and other sophisticated investors; they're hardly going to give any potential gains to previous shareholders asking for their stocks back because they changed their mind hearing about a bailout.