"It doesn't encourage lenders to lend recklessly (they won't make any money for the credit risk)." As long as lenders are Too Big To Fail and therefore don't t

"It doesn't encourage lenders to lend recklessly (they won't make any money for the credit risk)." As long as lenders are Too Big To Fail and therefore don't take on the full risk of their lending decisions why wouldn't they continue on the private profits/rewards and public losses/risks trail?