A specific type of golden parachute which
refers to executives
who receive a disproportionately large
or bailout despite being painfully incompetent at their job to tragic ends and use said reward in irresponsible ways.
This is most accurately directed at executives
in the finance industry who received
money from the TARP act intended to save the economy
and, instead, used it irresponsibly.
In parts of the US, pronounced "tar-POLE-ee-in bailout."