So the U.S. government is now in the business of buying and owning private companies?
That sounds like socialism to me, but what do I know?
They’re not buying the company or owning it.
They’ve provided them a loan on very, very harsh terms. They were right to demand it - but these are very harsh indeed.
Finance is a very complicated thing. It’s worth recalling - Rupert Murdoch once nearly went bankrupt because a single bank in Cleveland (IIRC) wouldn’t roll over its $2 Million portion of a massive loan.