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Have I got the story right so far?

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Pufflette | 14:06 Wed 29th Jul 2009 | News
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This is the story so far: some senior bankers, filled with greed, messed up and lost billions of pounds. The government lent them billions of taxpayers' money. The banks carried on in their merry way, continuing to hand out huge bonuses to the bosses, and despite the BOE lowering interest rates to 0.5% continued to charge high interest rates on money lent to small people.

It's not even capitalism which dictates that non-profitable organisations go bust. It's something worse.
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The Government effectively told these businesses that it will not allow them to fail. Which is just a blank cheque and nothing changes.
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