Correct me if I have this wrong, but my understanding of the situation is this:
Many of the major banks made risky loans to people or organisations who couldn’t necessarily pay them back.
Enough of these people/organizations defaulted which left the banks with a gaping hole in their accounts.
The government stepped in and loaned the banks a bunch of money (scientific term) so they could carry on trading.
So, clearly the most profitable business model is to do whatever you want but be important enough to the economy that the government can’t afford to let you go bankrupt.
In the meantime who will bail out the government if the banks can’t repay?
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