Banks' greed ... not so much. Government pushing banks to do this ... yes. As documented in this case. Think about it: for a bank to risk stuff like this without assurances that the government will be behind it when there is pushback ...

Besides, if you know economics even a little bit you know that there are 2 sets of accounting rules : one for banks, one for everyone else. No bank can satisfy the normal rules for solvency, so they simply don't apply to them. Banks can't exist without government backing, even in individual cases of small banks.

Yes this is the banks' doing. But ... the government is not the solution, sadly.

What's the line?! - "Give a man a gun, he'll rob a bank. Give a man a bank, he'll rob the world."

Off topic, but does anyone know the (pre Mr. Robot) origin of that?