The
media, as driven and owned by the banks would have «us» believe that this act is a mandatory lifeboat response having to do with managing risk and loss precipitated by
natural disaster credit - card reliance (since our government was out partying
during these events and cutting birthday cake) and the mortgage fiasco which in fact was created by the banks themselves when they threw billions of dollars at unqualified consumers around 2001 with knowledge of their poor risk and just to make a buck.