No, the problem here is that the whistleblower reward program is less effective than it should be because payouts are divorced from the effectiveness of the whi

No, the problem here is that the whistleblower reward program is less effective than it should be because payouts are divorced from the effectiveness of the whistleblowing. If you set up a program that is supposed to reward a specific behavior, and then you don't actually reward that behavior, that is a problem. As I said, the leveraging he did is mainly a problem for the lender, who is now out $1m, not him.