5% is still going to cause bank runs elsewhere. No one is going to stay at any bank where they might take a 5% hit. Make the depositors whole and let things c

5% is still going to cause bank runs elsewhere. No one is going to stay at any bank where they might take a 5% hit. Make the depositors whole and let things calm down. Then, at leisure, on a case by case basis, claw back a few percent to cover the moral hazard of people getting better loan terms or whatever.