"Loan origination fraud"
Nice frame, because it makes the agency clear.. It's the subcategory of "accounting control fraud" that makes the perps accountable (as "foreclosure crisis" does not).
So, who set up the liars loan for Greece, anyhow? Why, the same banksters who took their commissions, their fees, and their bonuses on those same loans, and want to put the rest of us on the hook for their own bad judgment because the deal went south, that's who.
NOTE If the banks were public utilities, the public ought to be on the hook for the #FAIL. But the banks aren't, and so the public shouldn't be. They are, because the banks used their rents to buy the political system, there as here. But if something cannot go on forever, it will stop. Usury being one such something.