The UK Government Was Forced to Use Tax Payers' Money

The UK government was forced to use tax payers' money to bail out failing British banks RBS and Lloyds Banking Group to prevent their collapse. What went wrong with these and similar financial institutions?

A) Bad regulation of these institutions.
B) The pursuit of greed.
C) Moral hazard occurs when people become indifferent to the consequences of their actions because they do not have to meet the costs.
D) Instead of long-term commitment to institutions, there was short-term opportunism in pursuit of person gain.