Sure, I realise the fruit-picker example is extreme. But it was the sub-prime / alt-a mortgage market that imploded with default rates in some pools hitting 90%. But yes of course everyone jumped on the bandwagon across all of society - I'm not for a minute attempting to blame "poor" people for being financially irresponsible - far from it - I realise there was a complex interplay between the lenders/brokers/borrowers, the banks that securitised the pools and the people that bought the end product.

My point is that the rules and regulation around mortgage lenders and lending were lax to the point of non-existence and that penalising banks (most of whom didn't originate these mortgages in the first place) is just easy scape goating and is exacerbating the very issues it's trying to solve.