Irish banking was bailed out at huge expense by the Irish taxpayer, a loan of the value of 40% of GDP at the time: https://www.irishpost.com/business/ireland-sells-the-last-of...

(note: Allied Irish Banks and Anglo Irish Bank are different organizations with the same initials; the latter is the massively fraudulent one run by Sean Quinn who did eventually see a small amount of jail time)

Unfortunately, the entire US economy is being propped up on AI stocks. If they are allowed to crash, the consequences would be extreme all across the board. See the recent worming into index and pension funds. If they collapse now, a lot of regular people are going to get wiped out.

Should the government bail them out or somehow stop the collapse? Arguable. Will they anyway? Almost certainly. These companies have engineered themselves into a position where being allowed to fail would wreak catastrophic damage to the national (and global) economy precisely so that the taxpayer will be left holding the bag if and when it all comes crashing down.

Capitalism is rotten to the core and there's no fix for it.