Well there were 3 groups of people "in the room":
- Quebec government
- Federal government
- Bombardier/Beaudoin family

One of those groups spent a billion dollars to get an equity stake with no voting power and little chance of even braking even, let alone earning a good return.

The second group provided a $350M+ "loan" with no expectation of that "loan" ever being paid back, let alone collecting interest on it.

And the third group received gobs of cash to do with as it pleased with.

Which of those three sounds like the "smartest" group to you?  I will grant that the bar was set pretty low by the other two.