Everywhere it is common sense that people should be held responsible for their actions. Everywhere but in the world of banking, it appears to some critics. During the crisis, governments around the world spent billions of BIS central bankers’ speeches  1  dollars out of taxpayers’ pockets to save the banks.
At the same time, many companies in the real economy failed and exited the market. Why is it that banks seem to play by a different set of rules? Are they not being held responsible for their actions? Are they staying in the market even if they have unsuccessful business models?