But the big banks are still feeling the bite of the recession.
Families, banks and communities all feel the effect of a mortgage crisis and Congress should recognize this fact.
At the moment, the bank evidently feels as if it has been backed into a corner.
The central bank has felt little pressure to move until now because the unemployment rate is still high and acts as a brake on inflation.
However, research suggests that many banks felt heavily pressured.
Eventually, it became a commodity, as most banks felt they needed to offer it.
Although not all banks have felt the squeeze, many are seeing their costs of capital climb.
The bank holding the mortgage has felt very put upon.
But with the stock prices of investment banks so depressed, a big commercial bank could feel compelled to move in.
That's pretty much how the banks and credit markets feel these days about corporate borrowers.