Same reason we bailed out the auto industry: nvidia and co now comprise 1/4 of our goddamned economy, and are thusly wearing a C4 vest in the middle of our money system and threatening to blow it to bits if we don't pay up.
The most rational economic system strikes again. The rich get richer. Everyone else gets fucked. Socialism for corporations, capitalism for the workers.
Edit: upon further thought, this has less in common with the bailout of the auto industry, and far more in common with the 2008 housing crash, and subsequent bailouts which went to the bankers, of course, while workers lost their homes in droves.
The meat of my point remains unchanged though. I just sometimes forget which once-in-a-lifetime economic collapse is which, side effect of being alive right now.
The most rational economic system strikes again. The rich get richer. Everyone else gets fucked. Socialism for corporations, capitalism for the workers.
Edit: upon further thought, this has less in common with the bailout of the auto industry, and far more in common with the 2008 housing crash, and subsequent bailouts which went to the bankers, of course, while workers lost their homes in droves.
The meat of my point remains unchanged though. I just sometimes forget which once-in-a-lifetime economic collapse is which, side effect of being alive right now.