I get really annoyed when I hear people make statements such as, "the banks were crazy to give out 100% mortgages" and somehow link 100% mortgages in their mind to the Credit Crunch, and the current turmoil in Financial Markets. The two are only very extraneously linked. It'd be a bit like saying that Chips shops have caused the obesity crisis, or that Cod Liver oil sales are the reason behind the pension crisis (so many crises!)