It also wants to make the government a majority shareholder in return for part of the emergency loans it has received.

VOA: special.2009.05.01

Sensing that they'll not achieve a market rate of return on their loans, savers are seeking alternatives to putting money in the bank, where they'll achieve negligible rates of interest on their savings.

FORBES: Political Economy

The banks pay little attention to risk and do not expect much of a return: perhaps 40-50% of loans are non-performing.

ECONOMIST: A reheated economy

All of which is to say that central banks have to a large extent displaced the market, providing record volumes of loans to banks, and in return for assets or collateral of increasing diversity and - arguably - diminishing quality.

BBC: Should JP Morgan have listened to Winters?