Why should a failing organisation, that knew cuts were coming and still went ahead with this disastrous project (among many others) and broke the law (a law imp

Why should a failing organisation, that knew cuts were coming and still went ahead with this disastrous project (among many others) and broke the law (a law implemented by the same side of government) that consequently cost them a huge barrel of cash, be bailed out? Let them fail, make cuts, make government smaller because it fails just like this again and again.