Take a nobody who ran a series of bad investments, put him on a pedestal as a martyr and then bail out all the investors. Anyone see more wealthy socialism in our future?
They didn't do it with Enron because those people had money (and bailout culture was just starting). But billionaires and bailouts have been the backbone of the US government for a while. There are stories coming out about investors that bought half a town's restaurants and all this jazz with the FTX funds and the town doesn't want to lose those restaurants.
Meanwhile YouTubers have been pump and dumping crypto on their fan bases for years and the government hasn't stepped in once.
It's just a cruel irony that the point of investing like this is because it's risky, yet people never seem to eat any of the penalties of the risks if they are wealthy enough. Like when the banking system committed fraud and just got bailed out to keep the price of houses the same as it was before they crashed.