So basically they've been printing money and giving it to institutions who serviced reckless people who took on debts that they could not afford and did not repay. Guess who ended up paying for that? Every decent person who did the right thing; tax payers, salary earners (through devaluation of their salary contracts via inflation), those who did pay back their debts.
Then you wonder how all these reckless people ended up in positions of power.