It’s like this. You’re really not that important. Yes I know, you are very important to you and your family and a few people around you, but in the grand scheme of things, society would not miss a beat if you went bankrupt.

A major bank however, that’s another story all together. A bank is not just a normal business. In a way it is a meta business, all business done in society will have a banks fingers stuck deep within the pie. If that bank goes bankrupt the implications are spread far further than if the local fishmonger goes bankrupt.

A bank going down effects the whole economy, it may even effect legislation. Because of this, when a bank is in trouble, the government is obliged to step in and stop the domino from falling and hopefully negating any blowback.

But when the people running the bank are reckless and are the cause of the banks failure it may seem bizzare. Especially when these multi million pound salaried movers and shakers scuttle off with a golden parachute to their newly aquired island in the caribbean.

Constantly we see failure in the business world rewarded. Even the head of BA gets to keep his job after the Terminal 5 debacle.

So yeah, when a bank gets several billion of our tax money and you can’t pay the mortgage, it’s going to sting. But it is for the common good.