Does it matter? When a bank makes a loan there's always a risk of losing money and that's priced into the load (or should be). 'moral hazard' should limit the

Does it matter? When a bank makes a loan there's always a risk of losing money and that's priced into the load (or should be). 'moral hazard' should limit the amount of money banks are willing to lose and so willing to lend to people / companies / countries etc. The banks and european politicians seem to have forgotten about the hazard and instead bailed out those who lent money to Greece and left the public to pick up the cost.