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The financial industry isn't getting a bailout like last time, it's the conduit for getting the Fed's free money to large corporations. Banks are printing money because of the volatility, they'll be fine and the people getting the big bonuses will have earned them for producing record profits.
The fight is over which large corporations get the free money. I personally think small businesses need some direct assistance of some sort, since UBI doesn't help if no one can go outside to spend money.
It's ugly, but the reality is that it's impossible for low margin restaurants and stores to survive without revenue for any extended period of time. The store rent is what it is because the lease agreements are signed when things are going fine. It's a form of corporate debt that can't be sold off.
Meanwhile, real estate is also levered up a lot because the owners/developers can't afford to buy the place in the era of free money without loans either.
This is why the low interest rate policy that Japan/EU/US have pursued is so insanely dangerous. Everyone gets addicted to debt, and you can't drop the rates to provide relief when you need it.
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