What are the executives getting paid so much for, if not to manage complicated financial risk? I'm no banker, but as a layperson, I was certainly aware that inf

What are the executives getting paid so much for, if not to manage complicated financial risk? I'm no banker, but as a layperson, I was certainly aware that inflation was possible. I figured it was a given (M2 growth and low productivity), but I guess they felt strongly enough otherwise to risk their entire bank? Could they not have cut interest rates and take the dip in profit with shorter duration bonds? Was there really no sensible way to prevent this? Businesses fail all the time from things outside their control, but I've yet to see any indication that's the case here.