The airlines, the industry most directly affected by the attacks, showed some bullishness even before their federal bailout was approved.
He advocates passing a law allowing for state bankruptcy and expressly ruling out a federal bailout of any states.
Conservatives have raised concerns that the fund could be insufficient and therefore require a federal bailout.
Even with a federal bailout, a bankruptcy was probable.
A federal bailout of the insurance program, which is supposed to be supported by premiums, will most likely be required.
And the museum might be eligible for a federal bailout when the art bubble bursts.
In the end, the entire system collapsed in 1989 and Congress had to authorize a federal bailout that cost about $200 billion.
Had there not been the federal bailout, the investment could have been worth nothing.
Criticism of the plan began immediately, even from some within the steel industry who called it a "federal bailout."
Ultimately, the savings and loan failed, costing taxpayers $161 million in a federal bailout.