Moral Hazard

Available for over a year

As part of the BBC's Aftershock Series Audrey Tinline is asking whether the billions of dollars which have been given to failing banks since the collapse of Lehman Brothers, have aggravated a problem known as moral hazard. Despite the widespread calls to restrict their bonuses, many observers believe that government support for the financial sector means bankers are simply being encouraged to take the same risks again in future.