Socialised risk and privatised reward is how government should work. Banks take (less than they used to, since some legislation was brought back) insane risks

Socialised risk and privatised reward is how government should work. Banks take (less than they used to, since some legislation was brought back) insane risks because they know Joe public will cover disastrous losses when it goes wrong, and the bankers can keep the massive profits when they get lucky. Socialised risk, private profit.