Well don’t forget they didn’t do anything criminal and in a normal turn of events it would have been a note in the quarterly disclosures. The bank run wasn’t a

Well don’t forget they didn’t do anything criminal and in a normal turn of events it would have been a note in the quarterly disclosures. The bank run wasn’t a necessity to happen, and I don’t know how culpable they are for it. Certainly they could have done their jobs better and hedged interest rates etc. Also remember in banking a large percent of your annual compensation is in deferred compensation and often with a long clawback period. These folks could have stood to lose something like 5 years or more of their total compensation. They’re not billionaires, and they’re not likely all that rich (just a wee rich). This will hurt them a lot. Maybe not as much as a kick in the balls but this isn’t a no-op as many people seem to think. It’s enough that no one will look at this with “ooo I should do that” intent for sure.