Not unprecedented:

Even worse, the $700 billion in TARP loans ended up being dwarfed by more than $7.7 trillion in secret emergency lending that the Fed awarded to Wall Street – loans that were only disclosed to the public after Congress forced an extraordinary one-time audit of the Federal Reserve. The extent of this “secret bailout” didn’t come out until November 2011, when Bloomberg Markets, which went to court to win the right to publish the data, detailed how the country’s biggest firms secretly received trillions in near-free money throughout the crisis.

https://www.rollingstone.com/politics/politics-news/secrets-and-lies-of-the-bailout-113270/

This shit needs to stop, let failures fail or stop pretending that the US is some bastion of capitalism when we bail out our losers with money stolen from everyone.