[shimn]

> I know we're talking about checking accounts. That was tried too -- it was called Washington Mutual,

Is there evidence to suggest the "free checking account no questions asked" was large portion of it being one of the "Biggest Bank crash in U.S. history". It looks like Washington Mutual crashed for the same reason the others did: it had all this loans out on people who couldn't pay them. Not because it offered checking/savings accounts to underprivileged. It's weird you reference the 2008 collapse then fail to mention that being the exact time when WaMu crashed.