The TARP money was just a small fraction of the actual bailout. The Federal Reserve also drove the interest rate on your savings account below the rate of inflation (robbing you of your wealth). Artificially suppressing interest rates also propped up asset prices -- assets such as houses which all the banks own. TARP was the tip of the iceberg.

You're not supposed to bail out the failures in capitalism (i.e. so-called "crony capitalism").

Of course the companies getting billions in government support will win big and easily pay back their loans. If they didn't get TARP bailout, they would fail and better competitors would replace them.

It is complete baloney and has nothing to do with crypto.

it changes the risk profile when insolvency is not a potential outcome

I'm not damning GS...any entity that has officially crossed over into too-big-to-fail should take as many crazy risks as possible...why not?